Mutual Advisors LLC decreased its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) by 58.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 60,047 shares of the company’s stock after selling 85,999 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $1,227,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. CWM LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter worth approximately $69,000. Sanctuary Advisors LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the second quarter worth $203,000. Private Client Services LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $210,000. Independent Wealth Network Inc. purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at about $218,000. Finally, Centennial Wealth Advisory LLC purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter valued at approximately $221,000.
First Trust Intermediate Duration Investment Grade Corporate ETF Trading Up 0.2 %
Shares of FIIG stock opened at $20.43 on Friday. The company’s fifty day moving average price is $20.61 and its two-hundred day moving average price is $20.90. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $19.91 and a 12 month high of $21.60.
First Trust Intermediate Duration Investment Grade Corporate ETF Company Profile
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.
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Want to see what other hedge funds are holding FIIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report).
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