Creekmur Asset Management LLC Boosts Position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Creekmur Asset Management LLC grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 8.9% during the 4th quarter, Holdings Channel reports. The fund owned 448,316 shares of the company’s stock after purchasing an additional 36,459 shares during the period. First Trust Intermediate Duration Investment Grade Corporate ETF makes up about 2.1% of Creekmur Asset Management LLC’s holdings, making the stock its 12th largest holding. Creekmur Asset Management LLC owned 0.06% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $9,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tucker Asset Management LLC grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 60.7% during the fourth quarter. Tucker Asset Management LLC now owns 5,513 shares of the company’s stock worth $113,000 after acquiring an additional 2,083 shares during the period. Principal Securities Inc. grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% during the 4th quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock worth $118,000 after purchasing an additional 510 shares during the period. Independent Wealth Network Inc. purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at approximately $218,000. HBW Advisory Services LLC purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at approximately $224,000. Finally, Private Client Services LLC lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% in the 4th quarter. Private Client Services LLC now owns 12,895 shares of the company’s stock valued at $264,000 after purchasing an additional 3,056 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

FIIG stock opened at $20.81 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $19.91 and a one year high of $21.60. The firm’s fifty day moving average is $20.64 and its 200 day moving average is $20.78.

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.