First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Hits New 12-Month Low – Here’s What Happened

by · The Markets Daily

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $18.80 and last traded at $18.81, with a volume of 116065 shares trading hands. The stock had previously closed at $18.83.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

The firm has a fifty day moving average price of $18.91 and a 200 day moving average price of $19.04.

Hedge Funds Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

A number of institutional investors have recently modified their holdings of the stock. MGO One Seven LLC bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter valued at approximately $4,989,000. RiverTree Advisors LLC acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter worth $694,000. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 245,809.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 356,568 shares of the company’s stock worth $6,843,000 after buying an additional 356,423 shares in the last quarter. Benjamin Edwards Inc. boosted its position in First Trust Limited Duration Investment Grade Corporate ETF by 33.2% in the 4th quarter. Benjamin Edwards Inc. now owns 263,051 shares of the company’s stock valued at $5,049,000 after buying an additional 65,634 shares during the last quarter. Finally, TrueWealth Financial Partners acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter valued at $870,000.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

(Get Free Report)

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.

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