International Assets Investment Management LLC Makes New Investment in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

International Assets Investment Management LLC purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) in the fourth quarter, Holdings Channel reports. The fund purchased 145,031 shares of the company’s stock, valued at approximately $2,750,000.

Other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its position in First Trust Limited Duration Investment Grade Corporate ETF by 70.7% during the 2nd quarter. Wells Fargo & Company MN now owns 1,963 shares of the company’s stock worth $37,000 after acquiring an additional 813 shares during the period. NBC Securities Inc. acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at $49,000. Advisor Group Holdings Inc. acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the first quarter valued at $66,000. Barrett & Company Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 80.0% in the third quarter. Barrett & Company Inc. now owns 4,500 shares of the company’s stock valued at $83,000 after buying an additional 2,000 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 8.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 7,188 shares of the company’s stock valued at $132,000 after buying an additional 552 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

Shares of First Trust Limited Duration Investment Grade Corporate ETF stock opened at $18.60 on Friday. The business has a fifty day simple moving average of $18.77 and a 200-day simple moving average of $18.71. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.21 and a fifty-two week high of $19.02.

First Trust Limited Duration Investment Grade Corporate ETF Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.