First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Shares Sold by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC decreased its holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 12.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,447 shares of the company’s stock after selling 2,581 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $348,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinnacle Bancorp Inc. raised its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 95.8% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,206 shares of the company’s stock valued at $62,000 after purchasing an additional 1,569 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter valued at about $193,000. Acorn Wealth Advisors LLC bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at about $231,000. Flagstar Advisors Inc. bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $239,000. Finally, Essex Savings Bank acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter worth approximately $284,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

FSIG stock opened at $18.83 on Friday. The stock’s 50 day simple moving average is $18.89 and its 200 day simple moving average is $19.00. First Trust Limited Duration Investment Grade Corporate ETF has a 12-month low of $18.52 and a 12-month high of $19.33.

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.