First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC lowered its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 55.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,285 shares of the company’s stock after selling 43,361 shares during the period. Mutual Advisors LLC owned about 0.15% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FIIG. LPL Financial LLC raised its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 16.6% in the 1st quarter. LPL Financial LLC now owns 3,455,029 shares of the company’s stock valued at $71,692,000 after purchasing an additional 490,730 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 4,707.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 500,123 shares of the company’s stock worth $10,493,000 after acquiring an additional 489,720 shares in the last quarter. Northeast Planning Associates INC. NH acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 1st quarter worth about $6,200,000. Stephens Inc. AR raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 54.9% during the 1st quarter. Stephens Inc. AR now owns 452,346 shares of the company’s stock worth $9,386,000 after acquiring an additional 160,327 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 11.0% during the 1st quarter. Cetera Investment Advisers now owns 1,391,596 shares of the company’s stock worth $28,876,000 after acquiring an additional 137,506 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

Shares of NYSEARCA FIIG opened at $21.45 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a fifty-two week low of $19.96 and a fifty-two week high of $21.47. The stock’s 50-day simple moving average is $21.22 and its 200-day simple moving average is $20.88.

First Trust Intermediate Duration Investment Grade Corporate ETF Company 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.