Osaic Holdings Inc. Has $17.19 Million Stock Position in First Trust Limited Duration Investment Grade Corporate ETF $FSIG

Osaic Holdings Inc. raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 8.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 899,735 shares of the company’s stock after buying an additional 68,929 shares during the period. Osaic Holdings Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $17,191,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. First Trust Advisors LP boosted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 12.2% during the second quarter. First Trust Advisors LP now owns 2,549,886 shares of the company’s stock worth $48,754,000 after purchasing an additional 276,392 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,223,405 shares of the company’s stock worth $42,498,000 after buying an additional 108,855 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 10.5% in the 1st quarter. Royal Bank of Canada now owns 1,933,444 shares of the company’s stock valued at $36,619,000 after acquiring an additional 182,964 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 19.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,636,675 shares of the company’s stock valued at $31,293,000 after acquiring an additional 268,573 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position 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 acquiring an additional 123,516 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.2%

FSIG opened at $19.16 on Friday. The business’s 50-day simple moving average is $19.22 and its 200 day simple moving average is $19.17. First Trust Limited Duration Investment Grade Corporate ETF has a 52-week low of $18.70 and a 52-week high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a $0.0725 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, November 21st.

First Trust Limited Duration Investment Grade Corporate ETF 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.