Arkadios Wealth Advisors Trims Stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Arkadios Wealth Advisors lessened its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 20.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,966 shares of the company’s stock after selling 3,421 shares during the period. Arkadios Wealth Advisors’ holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $245,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FSIG. Pinnacle Bancorp Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 95.8% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,206 shares of the company’s stock worth $62,000 after buying an additional 1,569 shares during the period. Apollon Wealth Management LLC acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth $193,000. Acorn Wealth Advisors LLC purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter valued at $231,000. Flagstar Advisors Inc. acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at about $239,000. Finally, Essex Savings Bank purchased a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter worth about $284,000.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.1 %

Shares of NYSEARCA FSIG opened at $18.81 on Friday. The firm has a 50-day simple moving average of $18.89 and a 200-day simple moving average of $19.00. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.52 and a 52 week high of $19.33.

About First Trust Limited Duration Investment Grade Corporate ETF

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.