Private Client Services LLC Grows Position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Private Client Services LLC grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 31.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,895 shares of the company’s stock after buying an additional 3,056 shares during the quarter. Private Client Services LLC owned approximately 0.17% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $264,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 23.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,046,945 shares of the company’s stock valued at $21,389,000 after acquiring an additional 196,128 shares during the period. Creekmur Asset Management LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 15.2% during the third quarter. Creekmur Asset Management LLC now owns 411,857 shares of the company’s stock valued at $8,801,000 after purchasing an additional 54,299 shares in the last quarter. Stephens Inc. AR boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 463.4% in the third 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 period. Mach 1 Financial Group LLC increased its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 17.7% in the third quarter. Mach 1 Financial Group LLC now owns 242,623 shares of the company’s stock worth $5,184,000 after purchasing an additional 36,569 shares in the last quarter. Finally, Truist Financial Corp raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 54.8% during the 2nd quarter. Truist Financial Corp now owns 224,331 shares of the company’s stock valued at $4,583,000 after purchasing an additional 79,395 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Down 0.1 %

Shares of FIIG traded down $0.03 during trading hours on Wednesday, reaching $20.32. 185,070 shares of the stock traded hands, compared to its average volume of 185,205. The company’s 50-day moving average price is $20.72 and its two-hundred day moving average price is $20.92. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52-week low of $19.91 and a 52-week 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.