First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Shares Purchased by Archer Investment Corp

Archer Investment Corp boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 117,720 shares of the company’s stock after acquiring an additional 5,457 shares during the quarter. Archer Investment Corp owned 0.20% of First Trust Limited Duration Investment Grade Corporate ETF worth $2,221,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter valued at $2,371,000. HighTower Advisors LLC boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.0% during the 3rd quarter. HighTower Advisors LLC now owns 54,838 shares of the company’s stock worth $1,054,000 after acquiring an additional 6,322 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 22.7% during the 4th quarter. Park Avenue Securities LLC now owns 107,951 shares of the company’s stock valued at $2,037,000 after acquiring an additional 19,948 shares during the period. Sanctuary Advisors LLC raised its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 47.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 25,130 shares of the company’s stock worth $474,000 after purchasing an additional 8,077 shares during the period. Finally, Daymark Wealth Partners LLC purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth approximately $477,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of FSIG opened at $18.91 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.52 and a 12 month high of $19.33. The stock’s 50 day moving average is $18.88 and its two-hundred day moving average is $19.00.

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.