Winebrenner Capital Management LLC Makes New Investment in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Winebrenner Capital Management LLC purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 60,422 shares of the company’s stock, valued at approximately $1,236,000. Winebrenner Capital Management LLC owned about 0.78% of First Trust Intermediate Duration Investment Grade Corporate ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FIIG. Private Advisor Group LLC raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 32.0% during the 4th quarter. Private Advisor Group LLC now owns 23,735 shares of the company’s stock valued at $485,000 after purchasing an additional 5,756 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1.9% during the 4th quarter. Sanctuary Advisors LLC now owns 68,552 shares of the company’s stock worth $1,410,000 after purchasing an additional 1,266 shares during the period. Csenge Advisory Group raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 21.4% during the fourth quarter. Csenge Advisory Group now owns 202,085 shares of the company’s stock valued at $4,133,000 after buying an additional 35,653 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% in the fourth quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after buying an additional 510 shares during the period. Finally, Manchester Financial Inc. grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 921.0% during the fourth quarter. Manchester Financial Inc. now owns 296,223 shares of the company’s stock worth $6,058,000 after buying an additional 267,211 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of FIIG opened at $20.59 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $19.91 and a 12-month high of $21.60. The stock’s 50-day moving average price is $20.50 and its 200 day moving average price is $20.88.

About First Trust Intermediate Duration Investment Grade Corporate ETF

The First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment grade, corporate debt securities. The portfolio aims for a dollar-weighted average maturity between three and ten years FIIG was launched on Aug 2, 2023 and is issued by First Trust.