Janney Montgomery Scott LLC Has $1.67 Million Stock Holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Janney Montgomery Scott LLC lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 37.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,069 shares of the company’s stock after purchasing an additional 21,092 shares during the period. Janney Montgomery Scott LLC owned 1.01% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $1,668,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Stephens Inc. AR increased its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 463.4% during the 3rd quarter. Stephens Inc. AR now owns 302,283 shares of the company’s stock worth $6,460,000 after purchasing an additional 248,627 shares during the last quarter. Twin Peaks Wealth Advisors LLC increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 13.4% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 12,582 shares of the company’s stock worth $269,000 after buying an additional 1,491 shares in the last quarter. Creekmur Asset Management LLC increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 15.2% in the 3rd quarter. Creekmur Asset Management LLC now owns 411,857 shares of the company’s stock valued at $8,801,000 after acquiring an additional 54,299 shares during the period. Mutual Advisors LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 14.2% during the 3rd quarter. Mutual Advisors LLC now owns 146,046 shares of the company’s stock worth $3,046,000 after buying an additional 18,163 shares during the period. Finally, Manchester Financial Inc. acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at about $620,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of NYSEARCA:FIIG opened at $20.70 on Thursday. The stock’s fifty day simple moving average is $21.16 and its two-hundred day simple moving average is $20.83. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1-year low of $19.80 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.