Envestnet Asset Management Inc. Lowers Stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Envestnet Asset Management Inc. reduced its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 10.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,368,102 shares of the company’s stock after selling 153,158 shares during the period. Envestnet Asset Management Inc. owned 2.10% of First Trust Limited Duration Investment Grade Corporate ETF worth $25,912,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FSIG. Tucker Asset Management LLC increased its stake in First Trust Limited Duration Investment Grade Corporate ETF by 98.3% during the 4th quarter. Tucker Asset Management LLC now owns 2,990 shares of the company’s stock valued at $56,000 after purchasing an additional 1,482 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the fourth quarter worth approximately $63,000. Rossby Financial LCC bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the first quarter worth approximately $69,000. NBC Securities Inc. grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 124,233.3% in the first quarter. NBC Securities Inc. now owns 3,730 shares of the company’s stock worth $70,000 after acquiring an additional 3,727 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1,048.7% in the first quarter. GAMMA Investing LLC now owns 4,905 shares of the company’s stock worth $93,000 after acquiring an additional 4,478 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.1%

Shares of FSIG stock opened at $19.05 on Wednesday. The company has a 50 day moving average price of $19.03 and a 200-day moving average price of $18.96. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.70 and a 52 week 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.