First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Sees Strong Trading Volume – Here’s What Happened

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw an uptick in trading volume on Tuesday . 1,647,868 shares changed hands during trading, an increase of 273% from the previous session’s volume of 441,746 shares.The stock last traded at $18.91 and had previously closed at $18.96.

First Trust Limited Duration Investment Grade Corporate ETF Trading Down 0.2%

The firm has a fifty day simple moving average of $19.09 and a 200-day simple moving average of $19.17.

Institutional Investors Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Godfrey Financial Associates Inc. purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $36,000. Geneos Wealth Management Inc. increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 68.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock worth $55,000 after purchasing an additional 1,169 shares during the last quarter. Triumph Capital Management purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $91,000. Advisory Services Network LLC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $143,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 5,283.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,806 shares of the company’s stock worth $150,000 after purchasing an additional 7,661 shares during 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.