First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) Stake Raised by Stephens Inc. AR

Stephens Inc. AR increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 54.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 452,346 shares of the company’s stock after buying an additional 160,327 shares during the quarter. Stephens Inc. AR owned about 2.00% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $9,386,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 54.7% in the fourth quarter. LPL Financial LLC now owns 2,964,299 shares of the company’s stock worth $60,620,000 after purchasing an additional 1,048,020 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,386,967 shares of the company’s stock valued at $28,780,000 after buying an additional 20,308 shares during the period. Cetera Investment Advisers bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth about $25,646,000. Creekmur Asset Management LLC lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 8.9% in the 4th quarter. Creekmur Asset Management LLC now owns 448,316 shares of the company’s stock worth $9,168,000 after acquiring an additional 36,459 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 412,553 shares of the company’s stock valued at $8,560,000 after acquiring an additional 8,290 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Down 0.5%

NYSEARCA FIIG opened at $20.80 on Monday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $19.96 and a 12 month high of $21.60. The company’s 50 day simple moving average is $20.70 and its 200 day simple moving average is $20.61.

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.