Park Avenue Securities LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 84,685 shares of the company’s stock, valued at approximately $1,662,000.
Other large investors have also added to or reduced their stakes in the company. Sigma Planning Corp bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $682,000. Barrett & Company Inc. acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at approximately $281,000. Arwa LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter valued at $325,000. Novem Group raised its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 19.1% during the third quarter. Novem Group now owns 28,637 shares of the company’s stock valued at $562,000 after acquiring an additional 4,596 shares during the last quarter. Finally, Triumph Capital Management raised its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 109.4% during the third quarter. Triumph Capital Management now owns 18,909 shares of the company’s stock valued at $371,000 after acquiring an additional 9,879 shares during the last quarter.
First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance
Shares of NYSEARCA:FIIG opened at $20.02 on Monday. The firm’s fifty day moving average is $20.00 and its 200-day moving average is $20.60. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.52 and a 52 week high of $21.38.
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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