Commonwealth Equity Services LLC Has $6.81 Million Position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Commonwealth Equity Services LLC boosted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 332,891 shares of the company’s stock after purchasing an additional 5,523 shares during the quarter. Commonwealth Equity Services LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $6,808,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FIIG. Principal Securities Inc. grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% during the fourth quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after buying an additional 510 shares during the last quarter. RFG Advisory LLC raised its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 4.0% in the fourth quarter. RFG Advisory LLC now owns 18,632 shares of the company’s stock worth $381,000 after purchasing an additional 711 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1.9% in the fourth quarter. Sanctuary Advisors LLC now owns 68,552 shares of the company’s stock valued at $1,410,000 after purchasing an additional 1,266 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 10.1% during the fourth quarter. Apollon Wealth Management LLC now owns 16,289 shares of the company’s stock valued at $333,000 after buying an additional 1,495 shares during the last quarter. Finally, Pinnacle Family Advisors LLC grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 14.8% during the third quarter. Pinnacle Family Advisors LLC now owns 22,966 shares of the company’s stock worth $491,000 after buying an additional 2,962 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of NYSEARCA:FIIG opened at $20.74 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1-year low of $19.91 and a 1-year high of $21.60. The stock’s fifty day simple moving average is $20.59 and its two-hundred day simple moving average is $20.82.

First Trust Intermediate Duration Investment Grade Corporate ETF Profile

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.