Total Clarity Wealth Management Inc. Buys New Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Total Clarity Wealth Management Inc. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the 4th quarter, Holdings Channel.com reports. The fund bought 65,819 shares of the company’s stock, valued at approximately $1,346,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Perigon Wealth Management LLC boosted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 117.1% in the 4th quarter. Perigon Wealth Management LLC now owns 20,352 shares of the company’s stock valued at $416,000 after buying an additional 10,977 shares during the period. Foundations Investment Advisors LLC purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth $439,000. RFG Advisory LLC lifted its position in shares of 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 worth $381,000 after purchasing an additional 711 shares during the last quarter. Independent Wealth Network Inc. purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth $218,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 42.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 111,473 shares of the company’s stock worth $2,280,000 after purchasing an additional 33,404 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

Shares of FIIG opened at $20.53 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1-year low of $19.91 and a 1-year high of $21.60. The firm has a fifty day moving average price of $20.60 and a 200 day moving average price of $20.89.

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.