Cetera Investment Advisers Grows Holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Cetera Investment Advisers raised its position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 207.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 715,969 shares of the company’s stock after purchasing an additional 483,397 shares during the period. Cetera Investment Advisers’ holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $13,439,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF in the 1st quarter valued at about $31,000. Geneos Wealth Management Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 54.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,684 shares of the company’s stock worth $32,000 after acquiring an additional 596 shares during the period. Capital Investment Advisory Services LLC lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 171.1% during the 1st quarter. Capital Investment Advisory Services LLC now owns 2,575 shares of the company’s stock worth $48,000 after acquiring an additional 1,625 shares during the period. NBC Securities Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 46.8% during the 4th quarter. NBC Securities Inc. now owns 3,944 shares of the company’s stock worth $74,000 after acquiring an additional 1,257 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 20.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 8,624 shares of the company’s stock worth $164,000 after acquiring an additional 1,436 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.5 %

Shares of FSIG stock opened at $19.08 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.21 and a 1-year high of $19.08. The firm’s 50-day simple moving average is $18.83 and its 200-day simple moving average is $18.79.

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.