First Trust Limited Duration Investment Grade Corporate ETF $FSIG Position Reduced by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 16.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 339,463 shares of the company’s stock after selling 65,786 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.50% of First Trust Limited Duration Investment Grade Corporate ETF worth $6,491,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. CWM LLC lifted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 95.4% during the second quarter. CWM LLC now owns 1,903 shares of the company’s stock valued at $36,000 after buying an additional 929 shares in the last quarter. Rossby Financial LCC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 1st quarter valued at about $69,000. Ameriflex Group Inc. increased its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 38.4% in the 2nd quarter. Ameriflex Group Inc. now owns 3,796 shares of the company’s stock valued at $73,000 after purchasing an additional 1,054 shares during the period. GAMMA Investing LLC increased its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1,048.7% in the 1st quarter. GAMMA Investing LLC now owns 4,905 shares of the company’s stock valued at $93,000 after purchasing an additional 4,478 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter valued at about $145,000.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.1%

Shares of FSIG opened at $19.27 on Wednesday. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.70 and a fifty-two week high of $19.33. The business’s 50-day moving average is $19.22 and its 200-day moving average is $19.08.

About First Trust Limited Duration Investment Grade Corporate ETF

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.