Avantax Advisory Services Inc. Purchases 60,429 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Avantax Advisory Services Inc. increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 39.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,178 shares of the company’s stock after purchasing an additional 60,429 shares during the period. Avantax Advisory Services Inc. owned approximately 2.74% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $4,339,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FIIG. Atria Investments Inc lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 55.7% in the 3rd quarter. Atria Investments Inc now owns 46,045 shares of the company’s stock worth $984,000 after purchasing an additional 16,474 shares in the last quarter. Apollon Wealth Management LLC raised its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 19.7% in the 3rd quarter. Apollon Wealth Management LLC now owns 14,794 shares of the company’s stock valued at $316,000 after buying an additional 2,432 shares during the last quarter. Harbour Investments Inc. raised its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 292.9% in the 3rd quarter. Harbour Investments Inc. now owns 15,188 shares of the company’s stock valued at $325,000 after buying an additional 11,322 shares during the last quarter. Great Valley Advisor Group Inc. purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $2,693,000. Finally, D.A. Davidson & CO. purchased a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the 3rd quarter valued at $294,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

NYSEARCA FIIG opened at $20.60 on Friday. The business has a fifty day simple moving average of $20.56 and a 200 day simple moving average of $20.84. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12 month low of $19.91 and a 12 month high of $21.60.

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.