First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) Stake Raised by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 42.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,473 shares of the company’s stock after purchasing an additional 33,404 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $2,280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in FIIG. CWM LLC purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter valued at $69,000. Private Client Services LLC purchased a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth about $210,000. Sanctuary Advisors LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth about $203,000. Centennial Wealth Advisory LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the third quarter valued at about $221,000. Finally, HBW Advisory Services LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter worth about $224,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.53 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a fifty-two week low of $19.91 and a fifty-two week high of $21.60. The firm’s 50 day simple moving average is $20.60 and its 200-day simple moving average is $20.89.

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.