First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Shares Bought by Northeast Planning Associates INC. NH

Northeast Planning Associates INC. NH grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 14.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 385,440 shares of the company’s stock after buying an additional 48,600 shares during the period. First Trust Intermediate Duration Investment Grade Corporate ETF makes up 5.8% of Northeast Planning Associates INC. NH’s investment portfolio, making the stock its 6th biggest position. Northeast Planning Associates INC. NH’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $8,171,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FIIG. JPMorgan Chase & Co. bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $2,099,000. First Trust Advisors LP boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.5% during the 2nd quarter. First Trust Advisors LP now owns 234,798 shares of the company’s stock valued at $4,926,000 after purchasing an additional 5,793 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 191.6% during the 2nd quarter. NewEdge Advisors LLC now owns 81,238 shares of the company’s stock valued at $1,704,000 after purchasing an additional 53,380 shares in the last quarter. Betterment LLC bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $287,000. Finally, Jane Street Group LLC bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $1,033,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.88 on Monday. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $20.30 and a one year high of $21.49. The stock’s 50-day moving average is $20.89 and its 200 day moving average is $21.10.

About First Trust Intermediate Duration Investment Grade Corporate ETF

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.