Benjamin Edwards Inc. Has $4.70 Million Stake in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Benjamin Edwards Inc. grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 24.1% during the third quarter, HoldingsChannel reports. The firm owned 221,117 shares of the company’s stock after buying an additional 42,972 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $4,695,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Impact Partnership Wealth LLC grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.5% in the 2nd quarter. Impact Partnership Wealth LLC now owns 40,318 shares of the company’s stock valued at $846,000 after buying an additional 607 shares during the last quarter. StoneX Group Inc. boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 5.9% during the second quarter. StoneX Group Inc. now owns 16,839 shares of the company’s stock valued at $353,000 after acquiring an additional 941 shares during the period. CWM LLC boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 749.7% during the second quarter. CWM LLC now owns 1,623 shares of the company’s stock valued at $34,000 after acquiring an additional 1,432 shares during the period. Independent Wealth Network Inc. grew its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 12.4% in the second quarter. Independent Wealth Network Inc. now owns 13,332 shares of the company’s stock valued at $280,000 after purchasing an additional 1,474 shares during the last quarter. Finally, Atria Investments Inc increased its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 3.3% in the second quarter. Atria Investments Inc now owns 48,377 shares of the company’s stock worth $1,015,000 after purchasing an additional 1,525 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

NYSEARCA FIIG opened at $21.19 on Friday. The stock has a 50-day simple moving average of $21.21 and a 200 day simple moving average of $21.15. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $19.96 and a twelve month high of $21.49.

First Trust Intermediate Duration Investment Grade Corporate ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a dividend of $0.08 per share. 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 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.