Envestnet Asset Management Inc. Purchases 126,797 Shares of First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Envestnet Asset Management Inc. raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 7.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,763,472 shares of the company’s stock after acquiring an additional 126,797 shares during the period. Envestnet Asset Management Inc. owned about 2.44% of First Trust Limited Duration Investment Grade Corporate ETF worth $33,876,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. CWM LLC boosted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 95.4% in the second quarter. CWM LLC now owns 1,903 shares of the company’s stock valued at $36,000 after acquiring an additional 929 shares in the last quarter. StoneX Group Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.4% in the second quarter. StoneX Group Inc. now owns 20,789 shares of the company’s stock worth $397,000 after purchasing an additional 1,063 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock worth $55,000 after acquiring an additional 1,169 shares during the period. Arkadios Wealth Advisors increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 9.1% during the third quarter. Arkadios Wealth Advisors now owns 14,912 shares of the company’s stock valued at $286,000 after acquiring an additional 1,244 shares during the last quarter. Finally, Key Financial Inc purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter worth approximately $29,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Down 0.2%

NYSEARCA FSIG opened at $19.18 on Thursday. The stock’s 50-day moving average price is $19.18 and its 200-day moving average price is $19.20. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.70 and a 52 week high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a dividend of $0.0725 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, January 21st.

First Trust Limited Duration Investment Grade Corporate ETF Company 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.