First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Stock Position Lifted by TCP Asset Management LLC

TCP Asset Management LLC boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 4.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 229,419 shares of the company’s stock after acquiring an additional 9,369 shares during the quarter. First Trust Limited Duration Investment Grade Corporate ETF makes up approximately 1.0% of TCP Asset Management LLC’s holdings, making the stock its 23rd largest position. TCP Asset Management LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $4,329,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 4.7% during the third quarter. LPL Financial LLC now owns 6,826,996 shares of the company’s stock worth $131,078,000 after acquiring an additional 305,648 shares in the last quarter. International Assets Investment Management LLC increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 1,642,192.6% in the 3rd quarter. International Assets Investment Management LLC now owns 5,583,795 shares of the company’s stock worth $107,209,000 after purchasing an additional 5,583,455 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,417,997 shares of the company’s stock worth $26,573,000 after purchasing an additional 74,764 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1.5% during the 3rd quarter. Stephens Inc. AR now owns 1,120,409 shares of the company’s stock valued at $21,512,000 after buying an additional 16,095 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 6.2% in the 2nd quarter. Cetera Investment Advisers now owns 760,275 shares of the company’s stock valued at $14,248,000 after buying an additional 44,306 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.1 %

Shares of FSIG opened at $18.87 on Friday. The firm’s 50 day moving average price is $18.90 and its 200 day moving average price is $19.00. First Trust Limited Duration Investment Grade Corporate ETF has a twelve month low of $18.52 and a twelve month high of $19.33.

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.