TAP Consulting LLC Cuts Stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

TAP Consulting LLC lowered its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 2.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 381,299 shares of the company’s stock after selling 8,793 shares during the period. First Trust Limited Duration Investment Grade Corporate ETF comprises approximately 1.5% of TAP Consulting LLC’s investment portfolio, making the stock its 12th biggest holding. TAP Consulting LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $7,195,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FSIG. Oppenheimer & Co. Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 31.3% in the third quarter. Oppenheimer & Co. Inc. now owns 21,026 shares of the company’s stock valued at $404,000 after buying an additional 5,016 shares during the period. Darwin Wealth Management LLC raised its stake in First Trust Limited Duration Investment Grade Corporate ETF by 1.8% in the 3rd quarter. Darwin Wealth Management LLC now owns 44,771 shares of the company’s stock valued at $860,000 after acquiring an additional 771 shares during the period. LPL Financial LLC lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 4.7% during the third quarter. LPL Financial LLC now owns 6,826,996 shares of the company’s stock valued at $131,078,000 after purchasing an additional 305,648 shares during the last quarter. Flagstar Advisors Inc. bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth about $239,000. Finally, Kingsview Wealth Management LLC raised its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 9.5% in the third quarter. Kingsview Wealth Management LLC now owns 34,758 shares of the company’s stock valued at $667,000 after purchasing an additional 3,019 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.3 %

FSIG opened at $19.04 on Thursday. The company has a 50 day moving average of $18.91 and a 200 day moving average of $18.99. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.52 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.