Private Client Services LLC Acquires 3,056 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Private Client Services LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 31.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,895 shares of the company’s stock after acquiring an additional 3,056 shares during the period. Private Client Services LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $264,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 23.1% during the second quarter. Envestnet Asset Management Inc. now owns 1,046,945 shares of the company’s stock valued at $21,389,000 after purchasing an additional 196,128 shares during the period. Creekmur Asset Management LLC increased its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 15.2% during the 3rd quarter. Creekmur Asset Management LLC now owns 411,857 shares of the company’s stock valued at $8,801,000 after purchasing an additional 54,299 shares during the last quarter. Stephens Inc. AR raised its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 463.4% during the 3rd quarter. Stephens Inc. AR now owns 302,283 shares of the company’s stock valued at $6,460,000 after buying an additional 248,627 shares during the period. Mach 1 Financial Group LLC lifted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 17.7% in the third quarter. Mach 1 Financial Group LLC now owns 242,623 shares of the company’s stock worth $5,184,000 after buying an additional 36,569 shares during the last quarter. Finally, Truist Financial Corp lifted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 54.8% in the second quarter. Truist Financial Corp now owns 224,331 shares of the company’s stock worth $4,583,000 after buying an additional 79,395 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Down 0.1 %

FIIG stock traded down $0.03 during mid-day trading on Wednesday, reaching $20.32. 185,070 shares of the stock traded hands, compared to its average volume of 185,205. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $19.91 and a one year high of $21.60. The business has a 50-day moving average price of $20.72 and a two-hundred day moving average price of $20.92.

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.