103,659 Shares in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Acquired by RiverTree Advisors LLC

RiverTree Advisors LLC purchased a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 103,659 shares of the company’s stock, valued at approximately $1,956,000. First Trust Limited Duration Investment Grade Corporate ETF accounts for approximately 1.3% of RiverTree Advisors LLC’s holdings, making the stock its 21st largest holding.

Other hedge funds also recently modified their holdings of the company. HighTower Advisors LLC raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.0% in 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 in the last quarter. Sanctuary Advisors LLC increased its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 47.4% in the third 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 in the last quarter. Daymark Wealth Partners LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter valued at $477,000. Oppenheimer & Co. Inc. lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 31.3% during the third quarter. Oppenheimer & Co. Inc. now owns 21,026 shares of the company’s stock valued at $404,000 after purchasing an additional 5,016 shares during the last quarter. Finally, Hilltop Holdings Inc. acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter valued at $770,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of FSIG opened at $18.87 on Monday. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.52 and a 1-year high of $19.33. The business’s 50-day moving average price is $18.90 and its 200 day moving average price is $19.01.

First Trust Limited Duration Investment Grade Corporate ETF 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.