First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. decreased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,911 shares of the company’s stock after selling 27,487 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 1.46% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $2,309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Principal Securities Inc. lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% in the fourth 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. RFG Advisory LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 4.0% during the 4th quarter. RFG Advisory LLC now owns 18,632 shares of the company’s stock valued at $381,000 after acquiring an additional 711 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.9% during the 4th quarter. Sanctuary Advisors LLC now owns 68,552 shares of the company’s stock valued at $1,410,000 after acquiring an additional 1,266 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 10.1% during the 4th quarter. Apollon Wealth Management LLC now owns 16,289 shares of the company’s stock valued at $333,000 after acquiring an additional 1,495 shares in the last quarter. Finally, Pinnacle Family Advisors LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 14.8% during the 3rd quarter. Pinnacle Family Advisors LLC now owns 22,966 shares of the company’s stock valued at $491,000 after acquiring an additional 2,962 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

NYSEARCA:FIIG opened at $20.75 on Friday. The firm has a 50-day moving average price of $20.58 and a two-hundred day moving average price of $20.83. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $19.91 and a twelve 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.