Envestnet Asset Management Inc. Purchases 268,573 Shares of First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Envestnet Asset Management Inc. increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 19.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,636,675 shares of the company’s stock after buying an additional 268,573 shares during the period. Envestnet Asset Management Inc. owned 2.42% of First Trust Limited Duration Investment Grade Corporate ETF worth $31,293,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. CWM LLC boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 95.4% during the 2nd quarter. CWM LLC now owns 1,903 shares of the company’s stock worth $36,000 after buying an additional 929 shares during the period. Ameriflex Group Inc. grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 38.4% in the second quarter. Ameriflex Group Inc. now owns 3,796 shares of the company’s stock worth $73,000 after acquiring an additional 1,054 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter worth $145,000. Moloney Securities Asset Management LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the first quarter worth $196,000. Finally, Stratos Wealth Advisors LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter worth $205,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of First Trust Limited Duration Investment Grade Corporate ETF stock opened at $19.20 on Monday. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.70 and a fifty-two week high of $19.33. The firm has a fifty day moving average price of $19.24 and a two-hundred day moving average price of $19.12.

First Trust Limited Duration Investment Grade Corporate ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be issued a $0.0725 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.