Aptus Capital Advisors LLC Reduces Holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Aptus Capital Advisors LLC lowered its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 17.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,000 shares of the company’s stock after selling 9,750 shares during the quarter. Aptus Capital Advisors LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $849,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of FSIG. Raymond James Financial Inc. purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the fourth quarter worth $16,407,000. Independent Advisor Alliance acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter valued at $9,716,000. LPL Financial LLC raised its stake in First Trust Limited Duration Investment Grade Corporate ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 7,181,535 shares of the company’s stock worth $135,516,000 after acquiring an additional 354,539 shares during the last quarter. Wells Fargo & Company MN lifted its position in First Trust Limited Duration Investment Grade Corporate ETF by 10.6% during the 4th quarter. Wells Fargo & Company MN now owns 3,013,866 shares of the company’s stock worth $56,872,000 after acquiring an additional 288,666 shares during the period. Finally, Stifel Financial Corp grew its stake in First Trust Limited Duration Investment Grade Corporate ETF by 50.4% during the 4th quarter. Stifel Financial Corp now owns 672,058 shares of the company’s stock valued at $12,682,000 after purchasing an additional 225,230 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

Shares of FSIG opened at $19.01 on Wednesday. The stock’s 50-day moving average price is $18.96 and its 200-day moving average price is $18.93. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.61 and a 52 week high of $19.33.

About First Trust Limited Duration Investment Grade Corporate ETF

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.