TCP Asset Management LLC Grows Position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

TCP Asset Management LLC raised its position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,050 shares of the company’s stock after acquiring an additional 5,135 shares during the period. First Trust Limited Duration Investment Grade Corporate ETF makes up approximately 1.0% of TCP Asset Management LLC’s holdings, making the stock its 23rd biggest holding. TCP Asset Management LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $4,225,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FSIG. Iams Wealth Management LLC raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 4.0% in the 1st quarter. Iams Wealth Management LLC now owns 165,099 shares of the company’s stock worth $3,096,000 after purchasing an additional 6,410 shares during the period. Naviter Wealth LLC bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the first quarter worth approximately $3,714,000. Core Wealth Partners LLC raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 49.8% during the 1st quarter. Core Wealth Partners LLC now owns 26,713 shares of the company’s stock valued at $501,000 after purchasing an additional 8,883 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the first quarter valued at $201,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.1% in the first quarter. Concourse Financial Group Securities Inc. now owns 9,752 shares of the company’s stock valued at $183,000 after acquiring an additional 1,128 shares in the last quarter.

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

First Trust Limited Duration Investment Grade Corporate ETF stock traded down $0.02 during midday trading on Monday, hitting $18.96. 69,015 shares of the company’s stock were exchanged, compared to its average volume of 365,061. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.26 and a 12 month high of $19.33. The firm has a 50-day moving average of $19.16 and a two-hundred day moving average of $18.92.

About First Trust Limited Duration Investment Grade Corporate ETF

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.