Acorn Wealth Advisors LLC Makes New $231,000 Investment in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Acorn Wealth Advisors LLC acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,052 shares of the company’s stock, valued at approximately $231,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FSIG. International Assets Investment Management LLC increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 1,642,192.6% in the third quarter. International Assets Investment Management LLC now owns 5,583,795 shares of the company’s stock worth $107,209,000 after buying an additional 5,583,455 shares in the last quarter. Jane Street Group LLC bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 1st quarter worth approximately $9,680,000. Cetera Investment Advisers lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 207.8% during the first quarter. Cetera Investment Advisers now owns 715,969 shares of the company’s stock valued at $13,439,000 after purchasing an additional 483,397 shares in the last quarter. LPL Financial LLC boosted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 7.2% in the second quarter. LPL Financial LLC now owns 6,521,348 shares of the company’s stock worth $122,210,000 after purchasing an additional 436,893 shares during the period. Finally, Raymond James & Associates increased its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 114.1% in the second quarter. Raymond James & Associates now owns 581,823 shares of the company’s stock worth $10,903,000 after purchasing an additional 310,042 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG opened at $18.94 on Tuesday. The firm’s fifty day moving average is $19.07 and its 200 day moving average is $18.97. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.52 and a fifty-two week high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF 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.