176,644 Shares in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) Acquired by Bullseye Investment Management LLC

Bullseye Investment Management LLC purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the 4th quarter, Holdings Channel.com reports. The fund purchased 176,644 shares of the company’s stock, valued at approximately $3,619,000. First Trust Intermediate Duration Investment Grade Corporate ETF comprises about 2.4% of Bullseye Investment Management LLC’s portfolio, making the stock its 12th largest holding.

A number of other large investors also recently made changes to their positions in FIIG. Tucker Asset Management LLC boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 60.7% in the fourth quarter. Tucker Asset Management LLC now owns 5,513 shares of the company’s stock worth $113,000 after acquiring an additional 2,083 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% in the 4th quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after purchasing an additional 510 shares during the last quarter. Independent Wealth Network Inc. purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter valued at about $218,000. HBW Advisory Services LLC purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth about $224,000. Finally, Private Client Services LLC increased its position 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 worth $264,000 after acquiring an additional 3,056 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA:FIIG opened at $20.69 on Friday. The firm’s fifty day simple moving average is $20.63 and its 200 day simple moving average is $20.80. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $19.91 and a twelve month 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.