Daymark Wealth Partners LLC Buys New Shares in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Daymark Wealth Partners LLC purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) during the 3rd quarter, HoldingsChannel reports. The firm purchased 21,234 shares of the company’s stock, valued at approximately $454,000.

Other hedge funds have also modified their holdings of the company. Creekmur Asset Management LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth about $5,818,000. Owen LaRue LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the first quarter worth $4,388,000. Envestnet Asset Management Inc. lifted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 23.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,046,945 shares of the company’s stock valued at $21,389,000 after buying an additional 196,128 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 55.3% in the first quarter. Commonwealth Equity Services LLC now owns 268,789 shares of the company’s stock valued at $5,529,000 after acquiring an additional 95,664 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 26.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 446,017 shares of the company’s stock valued at $9,112,000 after purchasing an additional 92,008 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

FIIG opened at $21.13 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a twelve month low of $18.99 and a twelve month high of $21.60. The firm’s 50-day moving average price is $21.25 and its 200 day moving average price is $20.72.

First Trust Intermediate Duration Investment Grade Corporate ETF Profile

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.