Manchester Financial Inc. Has $22.16 Million Stock Holdings in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Manchester Financial Inc. raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 11.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,068,062 shares of the company’s stock after buying an additional 110,570 shares during the quarter. First Trust Intermediate Duration Investment Grade Corporate ETF comprises 4.3% of Manchester Financial Inc.’s portfolio, making the stock its 6th biggest holding. Manchester Financial Inc.’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $22,162,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 362.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,097,756 shares of the company’s stock worth $44,472,000 after acquiring an additional 1,644,507 shares in the last quarter. LPL Financial LLC increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 16.0% in the fourth quarter. LPL Financial LLC now owns 4,410,462 shares of the company’s stock worth $93,502,000 after purchasing an additional 609,714 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 114.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 670,866 shares of the company’s stock worth $14,222,000 after purchasing an additional 358,716 shares during the last quarter. Mach 1 Financial Group LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter valued at $6,663,000. Finally, Morgan Stanley raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 2,482,467 shares of the company’s stock valued at $52,628,000 after purchasing an additional 156,715 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Down 0.4%

FIIG stock opened at $20.71 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $20.43 and a 52 week high of $21.49. The company has a fifty day simple moving average of $20.73 and a two-hundred day simple moving average of $20.94.

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.