OLD Mission Capital LLC Makes New $7.81 Million Investment in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

OLD Mission Capital LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) in the first quarter, HoldingsChannel.com reports. The firm acquired 412,509 shares of the company’s stock, valued at approximately $7,813,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its position in First Trust Limited Duration Investment Grade Corporate ETF by 107.3% during the first quarter. Ameriprise Financial Inc. now owns 2,114,550 shares of the company’s stock worth $40,068,000 after purchasing an additional 1,094,369 shares during the period. Csenge Advisory Group grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 0.4% in the first quarter. Csenge Advisory Group now owns 1,821,335 shares of the company’s stock valued at $34,496,000 after acquiring an additional 7,952 shares in the last quarter. Royal Bank of Canada grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.3% in the fourth quarter. Royal Bank of Canada now owns 1,750,480 shares of the company’s stock valued at $33,032,000 after acquiring an additional 88,283 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 3.7% in the first quarter. Raymond James Financial Inc. now owns 902,025 shares of the company’s stock valued at $17,084,000 after acquiring an additional 32,558 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1.2% in the fourth quarter. Cetera Investment Advisers now owns 693,690 shares of the company’s stock valued at $13,090,000 after acquiring an additional 8,379 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG stock opened at $19.19 on Friday. The company’s 50-day simple moving average is $19.12 and its 200 day simple moving average is $19.02. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.70 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.