64,016 Shares in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 64,016 shares of the company’s stock, valued at approximately $1,343,000.

Several other institutional investors have also added to or reduced their stakes in FIIG. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,407,356 shares of the company’s stock worth $29,526,000 after buying an additional 20,389 shares during the period. Independent Wealth Network Inc. boosted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 12.4% during the 2nd quarter. Independent Wealth Network Inc. now owns 13,332 shares of the company’s stock valued at $280,000 after acquiring an additional 1,474 shares during the period. Comerica Bank grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 37.0% in the 1st quarter. Comerica Bank now owns 6,754 shares of the company’s stock valued at $140,000 after acquiring an additional 1,823 shares during the last quarter. Manchester Financial Inc. grew its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 7.5% in the 2nd quarter. Manchester Financial Inc. now owns 502,209 shares of the company’s stock valued at $10,536,000 after acquiring an additional 34,880 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 34.9% in the second quarter. Foundations Investment Advisors LLC now owns 17,615 shares of the company’s stock worth $370,000 after purchasing an additional 4,554 shares during the period.

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

NYSEARCA:FIIG opened at $21.28 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $19.96 and a twelve month high of $21.49. The stock has a fifty day simple moving average of $21.28 and a 200-day simple moving average of $21.06.

First Trust Intermediate Duration Investment Grade Corporate ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were paid a $0.08 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Friday, November 21st.

First Trust Intermediate Duration Investment Grade Corporate ETF 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.