Stephens Inc. AR Acquires 339,533 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Stephens Inc. AR grew its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 80.4% during the first quarter, Holdings Channel.com reports. The firm owned 761,660 shares of the company’s stock after acquiring an additional 339,533 shares during the quarter. Stephens Inc. AR’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $15,804,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Aptus Capital Advisors LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter valued at $32,000. Advisory Services Network LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $61,000. Allworth Financial LP bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter worth about $64,000. Roxbury Financial LLC bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 1st quarter worth about $62,000. Finally, Private Trust Co. NA boosted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 406.3% during the 4th quarter. Private Trust Co. NA now owns 4,025 shares of the company’s stock worth $85,000 after buying an additional 3,230 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.75 on Monday. The firm has a 50-day moving average of $20.72 and a 200-day moving average of $20.93. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $20.43 and a one year high of $21.49.

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.