Benjamin F. Edwards & Company Inc. Acquires 24,741 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Benjamin F. Edwards & Company Inc. increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 70.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,623 shares of the company’s stock after acquiring an additional 24,741 shares during the period. Benjamin F. Edwards & Company Inc. owned about 0.77% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $1,218,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 354,009 shares of the company’s stock worth $7,282,000 after purchasing an additional 84,011 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the first quarter valued at approximately $1,523,000. Concourse Financial Group Securities Inc. bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the first quarter valued at approximately $310,000. Comerica Bank purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the first quarter valued at approximately $242,000. Finally, Creekmur Asset Management LLC bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth $5,818,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA FIIG opened at $21.48 on Tuesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52-week low of $18.99 and a 52-week high of $21.57. The company has a 50-day simple moving average of $21.09 and a 200 day simple moving average of $20.65.

First Trust Intermediate Duration Investment Grade Corporate ETF 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.