Cetera Investment Advisers Has $14.25 Million Holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Cetera Investment Advisers grew its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 760,275 shares of the company’s stock after purchasing an additional 44,306 shares during the quarter. Cetera Investment Advisers owned approximately 1.31% of First Trust Limited Duration Investment Grade Corporate ETF worth $14,248,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 6,521,348 shares of the company’s stock valued at $122,210,000 after buying an additional 436,893 shares during the last quarter. Csenge Advisory Group raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.0% in the second quarter. Csenge Advisory Group now owns 1,688,544 shares of the company’s stock valued at $31,643,000 after purchasing an additional 80,628 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,417,997 shares of the company’s stock valued at $26,573,000 after purchasing an additional 74,764 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 21.2% during the first quarter. Kestra Advisory Services LLC now owns 782,270 shares of the company’s stock valued at $14,683,000 after purchasing an additional 136,938 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 4.1% during the first quarter. Commonwealth Equity Services LLC now owns 683,641 shares of the company’s stock worth $12,832,000 after purchasing an additional 27,067 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Down 0.5 %

Shares of FSIG stock opened at $19.12 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 52-week low of $18.21 and a 52-week high of $19.33. The company has a 50-day simple moving average of $19.14 and a two-hundred day simple moving average of $18.89.

First Trust Limited Duration Investment Grade Corporate ETF Profile

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.