Orion Portfolio Solutions LLC increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG – Free Report) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,090 shares of the company’s stock after purchasing an additional 3,934 shares during the quarter. Orion Portfolio Solutions LLC owned approximately 1.68% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $2,660,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Principal Securities Inc. grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% during the 4th quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after buying an additional 510 shares in the last quarter. Independent Wealth Network Inc. bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth $218,000. HBW Advisory Services LLC purchased a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter valued at $224,000. Private Client Services LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% in the 4th quarter. Private Client Services LLC now owns 12,895 shares of the company’s stock valued at $264,000 after acquiring an additional 3,056 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $294,000.
First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance
FIIG opened at $20.75 on Tuesday. The firm has a 50-day simple moving average of $20.64 and a two-hundred day simple moving average of $20.79. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.91 and a 52 week high of $21.60.
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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