Assetmark Inc. Sells 6,711 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Assetmark Inc. lessened its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 168,191 shares of the company’s stock after selling 6,711 shares during the quarter. Assetmark Inc. owned about 2.17% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $3,440,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in FIIG. Principal Securities Inc. boosted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% during the 4th quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after purchasing an additional 510 shares during the period. Independent Wealth Network Inc. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at approximately $218,000. HBW Advisory Services LLC bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at approximately $224,000. Private Client Services LLC boosted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% during the 4th quarter. Private Client Services LLC now owns 12,895 shares of the company’s stock valued at $264,000 after purchasing an additional 3,056 shares during the period. Finally, D.A. Davidson & CO. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter valued at approximately $294,000.

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

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.67 on Monday. The business has a 50 day moving average price of $20.54 and a two-hundred day moving average price of $20.86. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $19.91 and a 12 month high of $21.60.

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.