Private Client Services LLC Invests $210,000 in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Private Client Services LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,839 shares of the company’s stock, valued at approximately $210,000. Private Client Services LLC owned approximately 0.13% of First Trust Intermediate Duration Investment Grade Corporate ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FIIG. Creekmur Asset Management LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 4th quarter valued at $5,818,000. Cambridge Investment Research Advisors Inc. lifted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 354,009 shares of the company’s stock worth $7,282,000 after acquiring an additional 84,011 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1,241.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 34,882 shares of the company’s stock worth $718,000 after acquiring an additional 32,282 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 1st quarter worth approximately $29,000. Finally, Commonwealth Equity Services LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 55.3% in the first quarter. Commonwealth Equity Services LLC now owns 268,789 shares of the company’s stock valued at $5,529,000 after acquiring an additional 95,664 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

Shares of NYSEARCA:FIIG traded down $0.13 during trading on Friday, hitting $21.22. 275,838 shares of the stock were exchanged, compared to its average volume of 106,831. The company has a fifty day moving average price of $21.22 and a two-hundred day moving average price of $20.71. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $18.99 and a 12-month high of $21.60.

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.