First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Short Interest Update

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 55,373 shares, a decrease of 71.5% from the February 26th total of 194,055 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 341,505 shares, the short-interest ratio is currently 0.2 days.

First Trust Limited Duration Investment Grade Corporate ETF Trading Down 0.8%

NYSEARCA FSIG traded down $0.15 during trading hours on Thursday, reaching $18.81. 305,838 shares of the company traded hands, compared to its average volume of 430,906. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.70 and a 12 month high of $19.33. The company has a 50 day moving average of $19.12 and a two-hundred day moving average of $19.19.

First Trust Limited Duration Investment Grade Corporate ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.0725 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Trading of First Trust Limited Duration Investment Grade Corporate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FSIG. Envestnet Asset Management Inc. boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 7.7% in the third quarter. Envestnet Asset Management Inc. now owns 1,763,472 shares of the company’s stock valued at $33,876,000 after acquiring an additional 126,797 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 20.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 326,266 shares of the company’s stock worth $6,258,000 after purchasing an additional 54,357 shares during the last quarter. Csenge Advisory Group boosted its position in First Trust Limited Duration Investment Grade Corporate ETF by 9.8% during the 3rd quarter. Csenge Advisory Group now owns 1,997,699 shares of the company’s stock valued at $38,376,000 after purchasing an additional 179,086 shares during the period. Assetmark Inc. grew its stake in First Trust Limited Duration Investment Grade Corporate ETF by 7.6% during the 3rd quarter. Assetmark Inc. now owns 538,616 shares of the company’s stock worth $10,347,000 after buying an additional 38,099 shares during the last quarter. Finally, First Trust Advisors LP increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 12.2% in the second quarter. First Trust Advisors LP now owns 2,549,886 shares of the company’s stock worth $48,754,000 after buying an additional 276,392 shares during the period.

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.