First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw an uptick in trading volume on Wednesday . 213,686 shares traded hands during mid-day trading, a decline of 42% from the previous session’s volume of 367,448 shares.The stock last traded at $19.08 and had previously closed at $19.04.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

The company has a 50-day moving average price of $19.15 and a two-hundred day moving average price of $18.89.

Institutional Investors Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

Several large investors have recently added to or reduced their stakes in the business. Guardian Wealth Advisors LLC NC raised its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 21.0% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 54,750 shares of the company’s stock valued at $1,038,000 after acquiring an additional 9,500 shares in the last quarter. Beacon Financial Group lifted its position in First Trust Limited Duration Investment Grade Corporate ETF by 180.9% during the fourth quarter. Beacon Financial Group now owns 70,685 shares of the company’s stock valued at $1,340,000 after purchasing an additional 45,523 shares during the last quarter. EWG Elevate Inc. grew its stake in First Trust Limited Duration Investment Grade Corporate ETF by 5.6% in the 1st quarter. EWG Elevate Inc. now owns 178,667 shares of the company’s stock worth $3,354,000 after buying an additional 9,455 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 4.5% in the 1st quarter. Park Avenue Securities LLC now owns 91,551 shares of the company’s stock worth $1,718,000 after buying an additional 3,942 shares during the last quarter. Finally, Pinnacle Bancorp Inc. purchased a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the 1st quarter valued at $31,000.

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.