Orion Portfolio Solutions LLC increased its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) by 23.5% in the third quarter, HoldingsChannel reports. The firm owned 126,156 shares of the company’s stock after purchasing an additional 23,967 shares during the period. Orion Portfolio Solutions LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $2,696,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter worth approximately $69,000. International Assets Investment Management LLC bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth approximately $117,000. FSB Premier Wealth Management Inc. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth approximately $203,000. Sanctuary Advisors LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter valued at $203,000. Finally, Private Client Services LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the third quarter worth $210,000.
First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance
Shares of FIIG stock opened at $21.00 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.91 and a 52 week high of $21.60. The stock’s fifty day moving average is $20.93 and its 200-day moving average is $20.91.
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.
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