FSB Premier Wealth Management Inc. Acquires 8,716 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

FSB Premier Wealth Management Inc. boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 11.4% in the fourth quarter, Holdings Channel reports. The firm owned 85,277 shares of the company’s stock after purchasing an additional 8,716 shares during the quarter. FSB Premier Wealth Management Inc.’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $1,744,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in FIIG. LPL Financial LLC lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 54.7% during the 4th quarter. LPL Financial LLC now owns 2,964,299 shares of the company’s stock worth $60,620,000 after buying an additional 1,048,020 shares during the period. Manchester Financial Inc. lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 921.0% during the fourth quarter. Manchester Financial Inc. now owns 296,223 shares of the company’s stock valued at $6,058,000 after acquiring an additional 267,211 shares during the period. Bullseye Investment Management LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 4th quarter valued at $3,619,000. JPMorgan Chase & Co. bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 4th quarter worth about $3,053,000. Finally, Independent Advisor Alliance acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth about $1,379,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

Shares of FIIG stock opened at $20.69 on Monday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $19.91 and a 12-month high of $21.60. The firm has a 50-day moving average price of $20.63 and a 200 day moving average price of $20.79.

First Trust Intermediate Duration Investment Grade Corporate ETF Profile

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.