First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Shares Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 24.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 221,117 shares of the company’s stock after buying an additional 42,972 shares during the period. Benjamin Edwards Inc. owned approximately 0.76% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $4,695,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. TCP Asset Management LLC purchased a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth about $18,917,000. Manchester Financial Inc. boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 16.3% in the third quarter. Manchester Financial Inc. now owns 583,865 shares of the company’s stock worth $12,395,000 after buying an additional 81,656 shares during the period. Envestnet Asset Management Inc. increased its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,407,356 shares of the company’s stock worth $29,526,000 after acquiring an additional 20,389 shares in the last quarter. EWG Elevate Inc. purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the third quarter worth approximately $3,507,000. Finally, Independent Wealth Network Inc. raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 12.4% during the second quarter. Independent Wealth Network Inc. now owns 13,332 shares of the company’s stock valued at $280,000 after acquiring an additional 1,474 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of NYSEARCA:FIIG opened at $21.19 on Friday. The firm has a 50 day simple moving average of $21.21 and a 200 day simple moving average of $21.15. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.96 and a 52 week high of $21.49.

First Trust Intermediate Duration Investment Grade Corporate ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a $0.08 dividend. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.