Tucker Asset Management LLC Increases Stock Position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Tucker Asset Management LLC increased its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 98.3% in the 4th quarter, Holdings Channel reports. The firm owned 2,990 shares of the company’s stock after buying an additional 1,482 shares during the period. Tucker Asset Management LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $56,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 25,946.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 107,049 shares of the company’s stock valued at $2,055,000 after buying an additional 106,638 shares during the period. Hilltop Holdings Inc. bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at about $770,000. HighTower Advisors LLC boosted its position in First Trust Limited Duration Investment Grade Corporate ETF by 13.0% in the third 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. Stifel Financial Corp grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 446,828 shares of the company’s stock valued at $8,579,000 after purchasing an additional 3,654 shares during the period. Finally, Orion Portfolio Solutions LLC increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 11.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 101,177 shares of the company’s stock valued at $1,943,000 after purchasing an additional 10,800 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

FSIG opened at $18.93 on Friday. The company’s 50 day moving average is $18.94 and its 200 day moving average is $18.98. First Trust Limited Duration Investment Grade Corporate ETF has a 12-month low of $18.52 and a 12-month high of $19.33.

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.