EWG Elevate Inc. Boosts Stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

EWG Elevate Inc. raised its position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 4.3% during the fourth quarter, Holdings Channel reports. The firm owned 194,916 shares of the company’s stock after buying an additional 7,957 shares during the quarter. First Trust Limited Duration Investment Grade Corporate ETF comprises 1.1% of EWG Elevate Inc.’s portfolio, making the stock its 22nd largest holding. EWG Elevate Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $3,678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. grew its stake in First Trust Limited Duration Investment Grade Corporate ETF by 95.8% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,206 shares of the company’s stock worth $62,000 after purchasing an additional 1,569 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at approximately $193,000. Acorn Wealth Advisors LLC purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter valued at $231,000. Flagstar Advisors Inc. purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $239,000. Finally, WCG Wealth Advisors LLC grew its stake in First Trust Limited Duration Investment Grade Corporate ETF by 5.0% during the 2nd quarter. WCG Wealth Advisors LLC now owns 15,696 shares of the company’s stock worth $294,000 after buying an additional 750 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Down 0.3 %

Shares of First Trust Limited Duration Investment Grade Corporate ETF stock opened at $18.78 on Monday. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.52 and a 12 month high of $19.33. The firm’s fifty day simple moving average is $18.92 and its 200-day simple moving average is $19.00.

About First Trust Limited Duration Investment Grade Corporate ETF

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.