Private Advisor Group LLC Boosts Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Private Advisor Group LLC grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 32.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,735 shares of the company’s stock after purchasing an additional 5,756 shares during the quarter. Private Advisor Group LLC owned approximately 0.31% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $485,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FIIG. Principal Securities Inc. increased its holdings 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 buying an additional 510 shares during the last quarter. Centennial Wealth Advisory LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the third quarter worth about $221,000. Independent Wealth Network Inc. bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter worth about $218,000. HBW Advisory Services LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter valued at approximately $224,000. Finally, Private Client Services LLC increased its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% in the fourth 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

Shares of NYSEARCA:FIIG opened at $20.85 on Tuesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.91 and a 52 week high of $21.60. The firm’s 50 day moving average is $20.52 and its two-hundred day moving average is $20.87.

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.