StoneX Group Inc. Grows Stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

StoneX Group Inc. grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 20.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,431 shares of the company’s stock after buying an additional 3,109 shares during the period. StoneX Group Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $348,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Tucker Asset Management LLC increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 98.3% during the 4th quarter. Tucker Asset Management LLC now owns 2,990 shares of the company’s stock valued at $56,000 after purchasing an additional 1,482 shares during the period. Kestra Investment Management LLC bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the fourth quarter worth about $120,000. Acorn Wealth Advisors LLC lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 7.4% in the fourth quarter. Acorn Wealth Advisors LLC now owns 12,947 shares of the company’s stock worth $244,000 after buying an additional 895 shares during the period. Global View Capital Management LLC bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter valued at approximately $254,000. Finally, D.A. Davidson & CO. bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter worth approximately $275,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG opened at $18.97 on Thursday. The business has a 50 day moving average of $18.94 and a 200-day moving average of $18.97. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.52 and a 52 week high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Profile

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.