First Trust Advisors LP Increases Holdings in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

First Trust Advisors LP grew its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 14.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,272,845 shares of the company’s stock after acquiring an additional 400,983 shares during the quarter. First Trust Advisors LP owned 4.11% of First Trust Limited Duration Investment Grade Corporate ETF worth $61,988,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 8.8% during the fourth quarter. LPL Financial LLC now owns 7,681,212 shares of the company’s stock valued at $147,402,000 after acquiring an additional 618,781 shares in the last quarter. Morgan Stanley boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 4.2% in the 4th quarter. Morgan Stanley now owns 11,476,255 shares of the company’s stock worth $220,229,000 after purchasing an additional 463,049 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 245,809.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 356,568 shares of the company’s stock valued at $6,843,000 after purchasing an additional 356,423 shares during the last quarter. MGO One Seven LLC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter valued at about $4,989,000. Finally, Ameriprise Financial Inc. grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 7.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,395,790 shares of the company’s stock valued at $46,021,000 after purchasing an additional 172,385 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA:FSIG opened at $18.75 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.71 and a fifty-two week high of $19.33. The firm has a 50-day simple moving average of $18.88 and a two-hundred day simple moving average of $19.01.

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.