First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Sees Large Volume Increase – Time to Buy?

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw unusually-high trading volume on Tuesday . Approximately 496,728 shares were traded during trading, an increase of 39% from the previous session’s volume of 356,441 shares.The stock last traded at $18.80 and had previously closed at $18.86.

First Trust Limited Duration Investment Grade Corporate ETF Trading Down 0.4 %

The firm’s 50-day simple moving average is $18.93 and its two-hundred day simple moving average is $19.00.

Hedge Funds Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FSIG. WCG Wealth Advisors LLC raised its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.0% during the 2nd quarter. WCG Wealth Advisors LLC now owns 15,696 shares of the company’s stock worth $294,000 after purchasing an additional 750 shares during the last quarter. Darwin Wealth Management LLC increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 1.8% during the third quarter. Darwin Wealth Management LLC now owns 44,771 shares of the company’s stock worth $860,000 after buying an additional 771 shares in the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 95.8% in the third quarter. Pinnacle Bancorp Inc. now owns 3,206 shares of the company’s stock worth $62,000 after acquiring an additional 1,569 shares during the last quarter. Private Trust Co. NA lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 7.8% in the third quarter. Private Trust Co. NA now owns 31,626 shares of the company’s stock valued at $607,000 after acquiring an additional 2,281 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 9.5% in the third quarter. Kingsview Wealth Management LLC now owns 34,758 shares of the company’s stock valued at $667,000 after acquiring an additional 3,019 shares in the last quarter.

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.