First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) Position Trimmed by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 8.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,032 shares of the company’s stock after selling 5,363 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.77% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $1,228,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Apollon Wealth Management LLC lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 10.1% in the 4th quarter. Apollon Wealth Management LLC now owns 16,289 shares of the company’s stock worth $333,000 after acquiring an additional 1,495 shares in the last quarter. Spire Wealth Management acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth $548,000. Total Clarity Wealth Management Inc. acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth $1,346,000. Perigon Wealth Management LLC raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 117.1% during the 4th quarter. Perigon Wealth Management LLC now owns 20,352 shares of the company’s stock valued at $416,000 after purchasing an additional 10,977 shares in the last quarter. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 4th quarter valued at $439,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.46 on Thursday. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $19.91 and a one year high of $21.60. The company’s fifty day moving average price is $20.55 and its two-hundred day moving average price is $20.89.

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.