Creekmur Asset Management LLC Buys 36,459 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Creekmur Asset Management LLC increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 8.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 448,316 shares of the company’s stock after acquiring an additional 36,459 shares during the quarter. First Trust Intermediate Duration Investment Grade Corporate ETF comprises approximately 2.1% of Creekmur Asset Management LLC’s holdings, making the stock its 12th biggest position. Creekmur Asset Management LLC owned about 5.78% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $9,168,000 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. LPL Financial LLC increased its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 54.7% in the fourth quarter. LPL Financial LLC now owns 2,964,299 shares of the company’s stock worth $60,620,000 after purchasing an additional 1,048,020 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 332,891 shares of the company’s stock worth $6,808,000 after buying an additional 5,523 shares during the period. Manchester Financial Inc. increased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 921.0% in the 4th quarter. Manchester Financial Inc. now owns 296,223 shares of the company’s stock worth $6,058,000 after buying an additional 267,211 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 39.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 212,178 shares of the company’s stock valued at $4,339,000 after acquiring an additional 60,429 shares during the period. Finally, Csenge Advisory Group lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 21.4% in the fourth quarter. Csenge Advisory Group now owns 202,085 shares of the company’s stock valued at $4,133,000 after acquiring an additional 35,653 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Up 0.3 %

NYSEARCA FIIG opened at $20.81 on Wednesday. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $19.91 and a twelve month high of $21.60. The business has a 50-day moving average price of $20.64 and a 200-day moving average price of $20.78.

About First Trust Intermediate Duration Investment Grade Corporate ETF

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.