Flow Traders U.S. LLC Cuts Holdings in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Flow Traders U.S. LLC trimmed its position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 40.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 54,280 shares of the company’s stock after selling 36,380 shares during the quarter. Flow Traders U.S. LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $1,038,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FSIG. Envestnet Asset Management Inc. grew its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 19.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,636,675 shares of the company’s stock valued at $31,293,000 after buying an additional 268,573 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 14.2% during the 1st quarter. HighTower Advisors LLC now owns 64,006 shares of the company’s stock worth $1,212,000 after acquiring an additional 7,957 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 1st quarter valued at approximately $1,366,000. Concurrent Investment Advisors LLC grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 6.2% in the second quarter. Concurrent Investment Advisors LLC now owns 128,114 shares of the company’s stock valued at $2,450,000 after purchasing an additional 7,446 shares in the last quarter. Finally, D.A. Davidson & CO. grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 23.0% in the second quarter. D.A. Davidson & CO. now owns 105,648 shares of the company’s stock valued at $2,020,000 after purchasing an additional 19,730 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

Shares of FSIG opened at $19.19 on Tuesday. The company’s fifty day moving average is $19.23 and its 200 day moving average is $19.16. First Trust Limited Duration Investment Grade Corporate ETF has a fifty-two week low of $18.70 and a fifty-two week high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a $0.0725 dividend. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

First Trust Limited Duration Investment Grade Corporate ETF Profile

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.