Envestnet Asset Management Inc. Sells 153,158 Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Envestnet Asset Management Inc. cut its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 10.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,368,102 shares of the company’s stock after selling 153,158 shares during the period. Envestnet Asset Management Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $25,912,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Concurrent Investment Advisors LLC lifted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 6.2% in the first quarter. Concurrent Investment Advisors LLC now owns 120,668 shares of the company’s stock worth $2,285,000 after acquiring an additional 7,067 shares during the period. D.A. Davidson & CO. lifted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 489.8% in the first quarter. D.A. Davidson & CO. now owns 85,918 shares of the company’s stock worth $1,627,000 after acquiring an additional 71,351 shares during the period. Rossby Financial LCC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the first quarter worth about $69,000. TCP Asset Management LLC lifted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 2.1% in the first quarter. TCP Asset Management LLC now owns 234,240 shares of the company’s stock worth $4,437,000 after acquiring an additional 4,821 shares during the period. Finally, Koshinski Asset Management Inc. purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the first quarter worth about $279,000.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.1%

NYSEARCA:FSIG opened at $19.05 on Wednesday. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.70 and a 1-year high of $19.33. The company has a 50-day moving average of $19.03 and a 200 day moving average of $18.96.

First Trust Limited Duration Investment Grade Corporate ETF 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.