First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 160,590 shares, a growth of 176.4% from the August 15th total of 58,096 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 208,098 shares, the short-interest ratio is presently 0.8 days.
Hedge Funds Weigh In On First Trust Limited Duration Investment Grade Corporate ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FSIG. World Investment Advisors boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 3.2% during the 1st quarter. World Investment Advisors now owns 18,089 shares of the company’s stock valued at $343,000 after acquiring an additional 567 shares in the last quarter. Sanctuary Advisors LLC raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 3.1% in the first quarter. Sanctuary Advisors LLC now owns 25,961 shares of the company’s stock valued at $492,000 after purchasing an additional 770 shares during the last quarter. Acorn Wealth Advisors LLC boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.7% during the fourth quarter. Acorn Wealth Advisors LLC now owns 15,299 shares of the company’s stock valued at $294,000 after purchasing an additional 824 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 68.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock valued at $55,000 after purchasing an additional 1,169 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 2.0% during the fourth quarter. HighTower Advisors LLC now owns 81,276 shares of the company’s stock worth $1,560,000 after purchasing an additional 1,627 shares during the last quarter.
First Trust Limited Duration Investment Grade Corporate ETF Stock Performance
FSIG stock opened at $18.61 on Friday. The company’s 50-day simple moving average is $18.79 and its 200 day simple moving average is $18.91. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.61 and a 52 week high of $19.33.
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.
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