International Assets Investment Management LLC lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) by 232.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 86,937 shares of the company’s stock after purchasing an additional 60,774 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $1,707,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in FIIG. Triumph Capital Management lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 115.0% during the 2nd quarter. Triumph Capital Management now owns 9,030 shares of the company’s stock valued at $187,000 after buying an additional 4,830 shares in the last quarter. Bullseye Investment Management LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at approximately $268,000. Barrett & Company Inc. purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth approximately $281,000. GK Wealth Management LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 2nd quarter worth approximately $305,000. Finally, Private Client Services LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth approximately $302,000.
First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance
NYSEARCA FIIG opened at $19.97 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $19.52 and a 12 month high of $21.38. The company’s 50 day moving average is $19.98 and its two-hundred day moving average is $20.59.
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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Want to see what other hedge funds are holding FIIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report).
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