TCP Asset Management LLC Has $20.21 Million Holdings in First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

TCP Asset Management LLC raised its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 7.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 953,224 shares of the company’s stock after buying an additional 62,186 shares during the period. First Trust Intermediate Duration Investment Grade Corporate ETF comprises approximately 3.4% of TCP Asset Management LLC’s investment portfolio, making the stock its 11th biggest holding. TCP Asset Management LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $20,208,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FIIG. GeoWealth Management LLC boosted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 3.7% during the 3rd quarter. GeoWealth Management LLC now owns 14,661 shares of the company’s stock worth $311,000 after acquiring an additional 519 shares during the period. StoneX Group Inc. increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 5.9% during the 2nd quarter. StoneX Group Inc. now owns 16,839 shares of the company’s stock worth $353,000 after acquiring an additional 941 shares during the last quarter. OneAscent Financial Services LLC raised its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 11.7% in the 3rd quarter. OneAscent Financial Services LLC now owns 11,797 shares of the company’s stock valued at $250,000 after acquiring an additional 1,235 shares during the period. Cullen Frost Bankers Inc. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $32,000. Finally, Advisory Services Network LLC acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF during the 3rd quarter valued at $61,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Down 1.0%

FIIG stock opened at $20.64 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a one year low of $19.96 and a one year high of $21.49. The company has a fifty day moving average price of $21.11 and a two-hundred day moving average price of $21.20.

First Trust Intermediate Duration Investment Grade Corporate ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were paid a dividend of $0.0813 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Friday, February 20th.

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.