IFP Advisors Inc Decreases Stock Position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

IFP Advisors Inc cut its holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 9.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 60,205 shares of the company’s stock after selling 6,280 shares during the quarter. IFP Advisors Inc’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $1,136,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC raised its stake in First Trust Limited Duration Investment Grade Corporate ETF by 4.7% in the third quarter. LPL Financial LLC now owns 6,826,996 shares of the company’s stock valued at $131,078,000 after buying an additional 305,648 shares during the last quarter. Csenge Advisory Group raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 9.8% in the fourth quarter. Csenge Advisory Group now owns 1,813,383 shares of the company’s stock worth $34,219,000 after purchasing an additional 161,906 shares during the last quarter. Stephens Inc. AR raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1.5% in the third quarter. Stephens Inc. AR now owns 1,120,409 shares of the company’s stock worth $21,512,000 after purchasing an additional 16,095 shares during the last quarter. Truist Financial Corp raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1.7% in the fourth quarter. Truist Financial Corp now owns 517,142 shares of the company’s stock worth $9,758,000 after purchasing an additional 8,718 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 16.7% in the third quarter. Assetmark Inc. now owns 449,768 shares of the company’s stock worth $8,636,000 after purchasing an additional 64,385 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

Shares of NYSEARCA:FSIG opened at $18.98 on Thursday. First Trust Limited Duration Investment Grade Corporate ETF has a 52-week low of $18.52 and a 52-week high of $19.33. The business has a 50-day moving average price of $18.87 and a 200-day moving average price of $19.00.

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.