Commonwealth Equity Services LLC Grows Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Commonwealth Equity Services LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 3.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 279,105 shares of the company’s stock after purchasing an additional 10,316 shares during the period. Commonwealth Equity Services LLC owned 3.60% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $5,702,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 354,009 shares of the company’s stock worth $7,282,000 after buying an additional 84,011 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 4th quarter worth $2,966,000. Orion Portfolio Solutions LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 1st quarter valued at about $1,523,000. Concourse Financial Group Securities Inc. bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 1st quarter valued at about $310,000. Finally, Comerica Bank purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the first quarter valued at about $242,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Up 0.1 %

NYSEARCA:FIIG opened at $21.37 on Friday. The business’s 50-day moving average is $20.89 and its 200 day moving average is $20.57. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $18.99 and a 12 month high of $21.44.

First Trust Intermediate Duration Investment Grade Corporate ETF Company Profile

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.