First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Reaches New 52-Week High at $19.28

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $19.28 and last traded at $19.28, with a volume of 17149 shares trading hands. The stock had previously closed at $19.27.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.1 %

The firm has a 50-day simple moving average of $19.05 and a 200-day simple moving average of $18.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FSIG. Janney Montgomery Scott LLC acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter valued at about $5,516,000. Kingsview Wealth Management LLC raised its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 16.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 13,918 shares of the company’s stock valued at $264,000 after purchasing an additional 1,981 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter worth approximately $311,000. Wells Fargo & Company MN grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 735.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,444,423 shares of the company’s stock worth $27,386,000 after purchasing an additional 1,271,577 shares during the last quarter. Finally, Assetmark Inc. increased its stake in First Trust Limited Duration Investment Grade Corporate ETF by 52.6% during the 4th quarter. Assetmark Inc. now owns 222,150 shares of the company’s stock valued at $4,212,000 after purchasing an additional 76,552 shares in the last quarter.

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.