Envestnet Asset Management Inc. Buys 74,764 Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Envestnet Asset Management Inc. increased its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 5.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,417,997 shares of the company’s stock after buying an additional 74,764 shares during the quarter. Envestnet Asset Management Inc. owned 2.44% of First Trust Limited Duration Investment Grade Corporate ETF worth $26,573,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 7.2% in the second quarter. LPL Financial LLC now owns 6,521,348 shares of the company’s stock valued at $122,210,000 after acquiring an additional 436,893 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the second quarter valued at approximately $129,000. TAP Consulting LLC raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.6% in the second quarter. TAP Consulting LLC now owns 383,537 shares of the company’s stock valued at $7,187,000 after acquiring an additional 20,206 shares during the last quarter. Gentry Private Wealth LLC bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter valued at $831,000. Finally, FSB Premier Wealth Management Inc. grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 67.4% during the second quarter. FSB Premier Wealth Management Inc. now owns 46,769 shares of the company’s stock worth $876,000 after purchasing an additional 18,831 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

First Trust Limited Duration Investment Grade Corporate ETF stock opened at $19.30 on Friday. The stock has a 50-day simple moving average of $19.08 and a 200 day simple moving average of $18.86. First Trust Limited Duration Investment Grade Corporate ETF has a 12-month low of $18.21 and a 12-month 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.