TAP Consulting LLC Buys Shares of 25,256 First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

TAP Consulting LLC purchased a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 25,256 shares of the company’s stock, valued at approximately $516,000.

Other institutional investors have also modified their holdings of the company. Principal Securities Inc. increased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% during the 4th quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock worth $118,000 after purchasing an additional 510 shares in the last quarter. Independent Wealth Network Inc. acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF in the fourth quarter valued at approximately $218,000. HBW Advisory Services LLC bought a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth $224,000. Private Client Services LLC raised its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% during the fourth quarter. Private Client Services LLC now owns 12,895 shares of the company’s stock worth $264,000 after acquiring an additional 3,056 shares during the period. Finally, D.A. Davidson & CO. bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $294,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Trading Up 0.5 %

FIIG stock opened at $20.75 on Thursday. The stock has a 50-day moving average price of $20.58 and a two-hundred day moving average price of $20.83. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $19.91 and a 1 year high of $21.60.

About First Trust Intermediate Duration Investment Grade Corporate ETF

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.