47,202 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 47,202 shares of the company’s stock, valued at approximately $927,000. Oppenheimer & Co. Inc. owned about 0.15% of First Trust Intermediate Duration Investment Grade Corporate ETF at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 197.7% during the first quarter. NewEdge Advisors LLC now owns 366,000 shares of the company’s stock worth $7,594,000 after acquiring an additional 243,074 shares during the last quarter. Envestnet Asset Management Inc. raised its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 12.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,909,100 shares of the company’s stock valued at $39,537,000 after purchasing an additional 216,084 shares during the period. Independent Financial Group LLC bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 1st quarter valued at approximately $2,656,000. Avior Wealth Management LLC purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter worth approximately $2,430,000. Finally, First Trust Advisors LP increased its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 34.2% during the 1st quarter. First Trust Advisors LP now owns 462,533 shares of the company’s stock valued at $9,598,000 after purchasing an additional 117,894 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Down 0.2%

NYSEARCA FIIG opened at $19.97 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.52 and a 52 week high of $21.38. The company has a fifty day moving average of $19.98 and a two-hundred day moving average of $20.59.

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.