NewEdge Advisors LLC Purchases 171,619 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

NewEdge Advisors LLC grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 139.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 294,545 shares of the company’s stock after acquiring an additional 171,619 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $6,112,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Aptus Capital Advisors LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth $32,000. Advisory Services Network LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter worth about $61,000. Roxbury Financial LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the first quarter worth about $62,000. Private Trust Co. NA grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 406.3% in the fourth quarter. Private Trust Co. NA now owns 4,025 shares of the company’s stock valued at $85,000 after acquiring an additional 3,230 shares during the period. Finally, Evolution Wealth Management Inc. grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 15.9% in the first quarter. Evolution Wealth Management Inc. now owns 5,085 shares of the company’s stock valued at $106,000 after acquiring an additional 696 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.39 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $20.30 and a 1 year high of $21.49. The business has a 50-day moving average of $20.63 and a two-hundred day moving average of $20.85.

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.