Everest Financial Group LLC Buys New Stake in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Everest Financial Group LLC purchased a new position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 45,000 shares of the company’s stock, valued at approximately $934,000.

Several other hedge funds have also recently added to or reduced their stakes in FIIG. GeoWealth Management LLC lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 3.7% during the third quarter. GeoWealth Management LLC now owns 14,661 shares of the company’s stock worth $311,000 after purchasing an additional 519 shares during the period. RFG Advisory LLC grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.1% in the 4th quarter. RFG Advisory LLC now owns 25,855 shares of the company’s stock valued at $548,000 after purchasing an additional 529 shares during the period. Evolution Wealth Management Inc. grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 15.9% in the 1st quarter. Evolution Wealth Management Inc. now owns 5,085 shares of the company’s stock valued at $106,000 after purchasing an additional 696 shares during the period. Betterment LLC raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 7.2% in the 4th quarter. Betterment LLC now owns 13,460 shares of the company’s stock worth $285,000 after buying an additional 900 shares in the last quarter. Finally, Asset Allocation Strategies LLC raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 5.7% in the 1st quarter. Asset Allocation Strategies LLC now owns 20,581 shares of the company’s stock worth $427,000 after buying an additional 1,101 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $20.36 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $20.30 and a one year high of $21.49. The business has a 50 day simple moving average of $20.64 and a 200 day simple moving average of $20.87.

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.