First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Stock Holdings Raised by Assetmark Inc.

Assetmark Inc. grew its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 13.7% during the first quarter, HoldingsChannel.com reports. The firm owned 238,285 shares of the company’s stock after purchasing an additional 28,701 shares during the period. Assetmark Inc.’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $4,944,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 362.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,097,756 shares of the company’s stock valued at $44,472,000 after buying an additional 1,644,507 shares during the last quarter. LPL Financial LLC increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 16.0% in the 4th quarter. LPL Financial LLC now owns 4,410,462 shares of the company’s stock valued at $93,502,000 after acquiring an additional 609,714 shares during the last quarter. Manchester Financial Inc. raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 64.0% during the 4th 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 in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 114.9% during the 4th quarter. Concurrent Investment Advisors LLC now owns 670,866 shares of the company’s stock valued at $14,222,000 after acquiring an additional 358,716 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 80.4% during the first quarter. Stephens Inc. AR now owns 761,660 shares of the company’s stock worth $15,804,000 after purchasing an additional 339,533 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

Shares of FIIG opened at $20.43 on Wednesday. The business’s fifty day moving average price is $20.66 and its 200 day moving average price is $20.89. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $20.41 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.