Pinnacle Family Advisors LLC Buys 2,962 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Pinnacle Family Advisors LLC raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 14.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,966 shares of the company’s stock after buying an additional 2,962 shares during the period. Pinnacle Family Advisors LLC owned about 0.30% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $491,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $69,000. International Assets Investment Management LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the second quarter valued at $117,000. FSB Premier Wealth Management Inc. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the second quarter valued at $203,000. Sanctuary Advisors LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 2nd quarter worth about $203,000. Finally, Private Client Services LLC acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at about $210,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.94 on Wednesday. The stock’s 50-day moving average is $20.97 and its 200 day moving average is $20.88. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $19.91 and a one year high of $21.60.

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.