First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Shares Purchased by Naviter Wealth LLC

Naviter Wealth LLC increased its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 7.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 312,345 shares of the company’s stock after purchasing an additional 21,601 shares during the period. First Trust Limited Duration Investment Grade Corporate ETF makes up approximately 0.7% of Naviter Wealth LLC’s holdings, making the stock its 28th biggest holding. Naviter Wealth LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $5,935,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $16,407,000. Independent Advisor Alliance purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $9,716,000. LPL Financial LLC increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 7,181,535 shares of the company’s stock worth $135,516,000 after purchasing an additional 354,539 shares during the last quarter. Wells Fargo & Company MN increased its holdings 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 purchasing an additional 288,666 shares during the last quarter. Finally, WJ Wealth Management LLC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 1st quarter worth approximately $5,291,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG stock opened at $19.10 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 52-week low of $18.70 and a 52-week high of $19.33. The stock’s 50 day moving average is $19.00 and its two-hundred day moving average is $18.94.

First Trust Limited Duration Investment Grade Corporate ETF Company 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.