Gateway Wealth Partners LLC Increases Stock Holdings in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Gateway Wealth Partners LLC grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 150.2% during the first quarter, Holdings Channel reports. The firm owned 56,847 shares of the company’s stock after purchasing an additional 34,127 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $1,077,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. MGO One Seven LLC purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter valued at $4,989,000. Northwestern Mutual Wealth Management Co. lifted its position in First Trust Limited Duration Investment Grade Corporate ETF by 245,809.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 356,568 shares of the company’s stock valued at $6,843,000 after acquiring an additional 356,423 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 33.2% in the fourth quarter. Benjamin Edwards Inc. now owns 263,051 shares of the company’s stock valued at $5,049,000 after acquiring an additional 65,634 shares in the last quarter. RFG Advisory LLC boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 28.2% in the first quarter. RFG Advisory LLC now owns 136,561 shares of the company’s stock valued at $2,586,000 after acquiring an additional 30,059 shares in the last quarter. Finally, TrueWealth Financial Partners purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter worth about $870,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG opened at $18.77 on Thursday. First Trust Limited Duration Investment Grade Corporate ETF has a one year low of $18.71 and a one year high of $19.33. The business’s 50-day simple moving average is $18.87 and its 200-day simple moving average is $18.99.

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.