Park Avenue Securities LLC Has $1.06 Million Position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Park Avenue Securities LLC lessened its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,847 shares of the company’s stock after selling 2,934 shares during the period. Park Avenue Securities LLC owned 0.67% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $1,060,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Twin Peaks Wealth Advisors LLC lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 13.4% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 12,582 shares of the company’s stock worth $269,000 after purchasing an additional 1,491 shares during the period. Apollon Wealth Management LLC raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 19.7% during the third quarter. Apollon Wealth Management LLC now owns 14,794 shares of the company’s stock worth $316,000 after buying an additional 2,432 shares during the last quarter. Private Advisor Group LLC grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 16.9% during the 3rd quarter. Private Advisor Group LLC now owns 17,979 shares of the company’s stock worth $384,000 after acquiring an additional 2,595 shares during the period. Concourse Financial Group Securities Inc. raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 16.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 19,525 shares of the company’s stock worth $418,000 after acquiring an additional 2,698 shares in the last quarter. Finally, Pinnacle Family Advisors LLC raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 14.8% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 22,966 shares of the company’s stock worth $491,000 after acquiring an additional 2,962 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

FIIG stock opened at $20.44 on Tuesday. The stock has a 50-day moving average price of $20.63 and a 200-day moving average price of $20.91. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1-year low of $19.91 and a 1-year 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.