Northwestern Mutual Wealth Management Co. Has $6.84 Million Stock Position in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 245,809.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,568 shares of the company’s stock after buying an additional 356,423 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $6,843,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FSIG. Geneos Wealth Management Inc. raised its holdings in 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 buying an additional 1,169 shares in the last quarter. Triumph Capital Management bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter valued at about $91,000. Advisory Services Network LLC bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter valued at about $143,000. Balboa Wealth Partners bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter valued at about $193,000. Finally, Sound Income Strategies LLC bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter valued at about $193,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA FSIG opened at $18.85 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.80 and a fifty-two week high of $19.33. The stock’s 50-day moving average is $18.96 and its two-hundred day moving average is $19.10.

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.