Rehmann Capital Advisory Group Boosts Position in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Rehmann Capital Advisory Group grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 371,489 shares of the company’s stock after purchasing an additional 38,427 shares during the quarter. Rehmann Capital Advisory Group owned approximately 1.22% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $7,876,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. NewEdge Advisors LLC grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 27.7% during the fourth quarter. NewEdge Advisors LLC now owns 122,926 shares of the company’s stock valued at $2,606,000 after buying an additional 26,665 shares during the period. Pacific Excel Wealth Advisors Inc. bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at $737,000. Cetera Investment Advisers grew its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 5.5% during the 4th quarter. Cetera Investment Advisers now owns 1,704,926 shares of the company’s stock valued at $36,144,000 after acquiring an additional 88,185 shares during the period. Equitable Holdings Inc. raised its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 32.6% in the 4th quarter. Equitable Holdings Inc. now owns 76,780 shares of the company’s stock worth $1,628,000 after purchasing an additional 18,896 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 6.4% in the 4th quarter. Osaic Holdings Inc. now owns 151,495 shares of the company’s stock worth $3,212,000 after purchasing an additional 9,141 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA FIIG opened at $20.75 on Friday. The business’s fifty day moving average is $20.76 and its 200 day moving average is $20.97. First Trust Intermediate Duration Investment Grade Corporate ETF has a fifty-two week low of $20.43 and a fifty-two week 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.