Bank of America Corp DE Invests $197,000 in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Bank of America Corp DE bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,432 shares of the company’s stock, valued at approximately $197,000.

Other hedge funds also recently modified their holdings of the company. Tucker Asset Management LLC grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 98.3% in the 4th quarter. Tucker Asset Management LLC now owns 2,990 shares of the company’s stock worth $56,000 after purchasing an additional 1,482 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter worth approximately $120,000. Acorn Wealth Advisors LLC grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 7.4% in the fourth quarter. Acorn Wealth Advisors LLC now owns 12,947 shares of the company’s stock valued at $244,000 after acquiring an additional 895 shares in the last quarter. Global View Capital Management LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the fourth quarter valued at approximately $254,000. Finally, D.A. Davidson & CO. purchased a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter valued at approximately $275,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

FSIG stock opened at $19.04 on Monday. The stock’s fifty day simple moving average is $18.96 and its two-hundred day simple moving average is $18.93. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.70 and a 1-year high of $19.33.

About First Trust Limited Duration Investment Grade Corporate ETF

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.