Janney Montgomery Scott LLC Purchases 27,130 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Janney Montgomery Scott LLC raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 14.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 210,854 shares of the company’s stock after purchasing an additional 27,130 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.66% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $4,375,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northeast Planning Associates INC. NH grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 14.4% during the 4th quarter. Northeast Planning Associates INC. NH now owns 385,440 shares of the company’s stock valued at $8,171,000 after buying an additional 48,600 shares in the last quarter. TCP Asset Management LLC lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 7.0% in the fourth quarter. TCP Asset Management LLC now owns 953,224 shares of the company’s stock worth $20,208,000 after buying an additional 62,186 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 157.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 145,239 shares of the company’s stock valued at $3,079,000 after acquiring an additional 88,742 shares during the period. Manchester Financial Inc. boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 64.0% in the fourth quarter. Manchester Financial Inc. now owns 957,492 shares of the company’s stock valued at $20,299,000 after acquiring an additional 373,627 shares during the period. Finally, Mach 1 Financial Group LLC bought a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter valued at approximately $6,663,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

Shares of NYSEARCA:FIIG opened at $20.75 on Monday. The company has a 50 day moving average of $20.72 and a 200 day moving average of $20.93. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $20.43 and a 12 month high of $21.49.

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.