First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Sees Large Volume Increase – Here’s Why

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw strong trading volume on Monday . 450,894 shares changed hands during trading, an increase of 27% from the previous session’s volume of 355,592 shares.The stock last traded at $18.84 and had previously closed at $18.84.

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

The firm’s 50-day moving average price is $18.94 and its 200-day moving average price is $19.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FSIG. International Assets Investment Management LLC grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1,642,192.6% in the 3rd quarter. International Assets Investment Management LLC now owns 5,583,795 shares of the company’s stock worth $107,209,000 after buying an additional 5,583,455 shares in the last quarter. LPL Financial LLC grew its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 7.2% during the 2nd quarter. LPL Financial LLC now owns 6,521,348 shares of the company’s stock worth $122,210,000 after buying an additional 436,893 shares in the last quarter. KMG Fiduciary Partners LLC increased its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 504.7% during the third quarter. KMG Fiduciary Partners LLC now owns 302,183 shares of the company’s stock valued at $5,802,000 after buying an additional 252,207 shares during the period. NewEdge Advisors LLC lifted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 41.9% in the second quarter. NewEdge Advisors LLC now owns 522,534 shares of the company’s stock worth $9,792,000 after acquiring an additional 154,422 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter valued at about $2,371,000.

First Trust Limited Duration Investment Grade Corporate ETF Company 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.