Stephens Inc. AR Has $15.80 Million Stock Position in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Stephens Inc. AR grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 80.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 761,660 shares of the company’s stock after buying an additional 339,533 shares during the quarter. Stephens Inc. AR owned 2.38% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $15,804,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Aptus Capital Advisors LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth $32,000. Advisory Services Network LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth $61,000. Roxbury Financial LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the 1st quarter worth $62,000. Allworth Financial LP bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter worth about $64,000. Finally, Private Trust Co. NA increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 406.3% during the 4th quarter. Private Trust Co. NA now owns 4,025 shares of the company’s stock worth $85,000 after purchasing an additional 3,230 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

FIIG opened at $20.75 on Monday. The business’s 50-day moving average price is $20.72 and its two-hundred day moving average price is $20.93. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $20.43 and a 1 year high of $21.49.

About First Trust Intermediate Duration Investment Grade Corporate ETF

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.