NewEdge Advisors LLC Sells 293,384 Shares of First Trust Limited Duration Investment Grade Corporate ETF $FSIG

NewEdge Advisors LLC lessened its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 76.1% during the first quarter, Holdings Channel.com reports. The firm owned 92,228 shares of the company’s stock after selling 293,384 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $1,747,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the first quarter valued at $1,366,000. Jane Street Group LLC lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 90.4% during the 1st quarter. Jane Street Group LLC now owns 281,857 shares of the company’s stock worth $5,338,000 after buying an additional 133,784 shares during the period. JPMorgan Chase & Co. grew its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1,140.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,460 shares of the company’s stock valued at $544,000 after buying an additional 26,165 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter valued at about $678,000. Finally, Raymond James Financial Inc. increased its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.7% in the second quarter. Raymond James Financial Inc. now owns 1,025,541 shares of the company’s stock valued at $19,608,000 after buying an additional 123,516 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of FSIG stock opened at $18.77 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.71 and a 1-year high of $19.33. The stock has a 50-day moving average of $18.87 and a 200-day moving average of $18.99.

About First Trust Limited Duration Investment Grade Corporate ETF

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.