Assetmark Inc. Buys 52,447 Shares of First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Assetmark Inc. boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 9.5% in the first quarter, HoldingsChannel reports. The firm owned 604,643 shares of the company’s stock after acquiring an additional 52,447 shares during the period. Assetmark Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $11,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in FSIG. Godfrey Financial Associates Inc. bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter valued at $36,000. Geneos Wealth Management Inc. increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 68.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock valued at $55,000 after acquiring an additional 1,169 shares during the last quarter. Triumph Capital Management bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at about $91,000. Advisory Services Network LLC bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at about $143,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 5,283.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,806 shares of the company’s stock valued at $150,000 after acquiring an additional 7,661 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of NYSEARCA:FSIG opened at $18.87 on Tuesday. The stock’s 50-day simple moving average is $18.89 and its two-hundred day simple moving average is $19.02. First Trust Limited Duration Investment Grade Corporate ETF has a 52-week low of $18.80 and a 52-week high of $19.33.

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.