Cambridge Investment Research Advisors Inc. Has $8.56 Million Stock Position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Cambridge Investment Research Advisors Inc. lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 2.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 412,553 shares of the company’s stock after buying an additional 8,290 shares during the period. Cambridge Investment Research Advisors Inc. owned about 1.82% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $8,560,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of FIIG. LPL Financial LLC raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 54.7% during the fourth quarter. LPL Financial LLC now owns 2,964,299 shares of the company’s stock worth $60,620,000 after acquiring an additional 1,048,020 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 16.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,366,659 shares of the company’s stock worth $27,948,000 after purchasing an additional 195,307 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth approximately $25,646,000. Creekmur Asset Management LLC grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 8.9% during 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 last quarter. Finally, Commonwealth Equity Services LLC raised its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 332,891 shares of the company’s stock valued at $6,808,000 after purchasing an additional 5,523 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.95 on Thursday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.96 and a 52 week high of $21.60. The business’s fifty day moving average is $20.62 and its two-hundred day moving average is $20.60.

First Trust Intermediate Duration Investment Grade Corporate ETF Company 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.