Envestnet Asset Management Inc. Purchases 79,095 Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Envestnet Asset Management Inc. increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 5.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,521,260 shares of the company’s stock after buying an additional 79,095 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $28,706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of FSIG. JPMorgan Chase & Co. bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter valued at about $2,371,000. HighTower Advisors LLC lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.0% during the 3rd quarter. HighTower Advisors LLC now owns 54,838 shares of the company’s stock worth $1,054,000 after purchasing an additional 6,322 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 10.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 25,248 shares of the company’s stock valued at $476,000 after purchasing an additional 2,310 shares during the period. Park Avenue Securities LLC grew its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 22.7% in the 4th quarter. Park Avenue Securities LLC now owns 107,951 shares of the company’s stock valued at $2,037,000 after buying an additional 19,948 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 47.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 25,130 shares of the company’s stock valued at $474,000 after buying an additional 8,077 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Trading Down 0.4 %

Shares of FSIG stock opened at $18.77 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.52 and a 12 month high of $19.33. The stock has a 50 day moving average of $18.95 and a 200-day moving average of $18.95.

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.