Insight Advisors LLC PA Sells 33,378 Shares of First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Insight Advisors LLC PA lessened its holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 24.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,361 shares of the company’s stock after selling 33,378 shares during the period. Insight Advisors LLC PA owned 0.15% of First Trust Limited Duration Investment Grade Corporate ETF worth $2,024,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FSIG. Key Financial Inc bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter worth about $29,000. CWM LLC increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 95.4% in the second quarter. CWM LLC now owns 1,903 shares of the company’s stock worth $36,000 after purchasing an additional 929 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock worth $55,000 after purchasing an additional 1,169 shares during the last quarter. Balboa Wealth Partners purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at approximately $193,000. Finally, Acorn Wealth Advisors LLC bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the second quarter valued at approximately $200,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

FSIG stock opened at $19.18 on Tuesday. The firm has a 50 day simple moving average of $19.18 and a two-hundred day simple moving average of $19.21. First Trust Limited Duration Investment Grade Corporate ETF has a one year low of $18.70 and a one year high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be given a $0.0725 dividend. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a yield of 4.5%.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

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.