NewEdge Advisors LLC Sells 293,384 Shares of First Trust Limited Duration Investment Grade Corporate ETF $FSIG

NewEdge Advisors LLC cut its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 76.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,228 shares of the company’s stock after selling 293,384 shares during the period. NewEdge Advisors LLC owned about 0.12% of First Trust Limited Duration Investment Grade Corporate ETF worth $1,747,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FSIG. Morgan Stanley boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 4.2% during the 4th quarter. Morgan Stanley now owns 11,476,255 shares of the company’s stock valued at $220,229,000 after acquiring an additional 463,049 shares in the last quarter. LPL Financial LLC increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 8.8% in the 4th quarter. LPL Financial LLC now owns 7,681,212 shares of the company’s stock worth $147,402,000 after purchasing an additional 618,781 shares in the last quarter. Wells Fargo & Company MN increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 2.1% in the 4th quarter. Wells Fargo & Company MN now owns 3,426,972 shares of the company’s stock worth $65,764,000 after purchasing an additional 70,888 shares in the last quarter. First Trust Advisors LP raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 14.0% in the first quarter. First Trust Advisors LP now owns 3,272,845 shares of the company’s stock valued at $61,988,000 after purchasing an additional 400,983 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 7.8% in the third quarter. Ameriprise Financial Inc. now owns 2,395,790 shares of the company’s stock valued at $46,021,000 after purchasing an additional 172,385 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of FSIG stock opened at $18.77 on Friday. The business’s 50-day moving average price is $18.87 and its 200-day moving average price is $18.99. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.71 and a 12 month high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Profile

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.