Sequent Planning LLC Grows Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Sequent Planning LLC increased its position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 166,463 shares of the company’s stock after purchasing an additional 2,593 shares during the quarter. First Trust Intermediate Duration Investment Grade Corporate ETF makes up about 1.2% of Sequent Planning LLC’s investment portfolio, making the stock its 20th largest holding. Sequent Planning LLC owned about 2.15% of First Trust Intermediate Duration Investment Grade Corporate ETF worth $3,404,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. lifted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% during the fourth quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after purchasing an additional 510 shares in the last quarter. RFG Advisory LLC grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 4.0% during the fourth quarter. RFG Advisory LLC now owns 18,632 shares of the company’s stock valued at $381,000 after buying an additional 711 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 1.9% in the fourth quarter. Sanctuary Advisors LLC now owns 68,552 shares of the company’s stock valued at $1,410,000 after purchasing an additional 1,266 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 10.1% in the fourth quarter. Apollon Wealth Management LLC now owns 16,289 shares of the company’s stock valued at $333,000 after purchasing an additional 1,495 shares during the period. Finally, Pinnacle Family Advisors LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 14.8% during the third quarter. Pinnacle Family Advisors LLC now owns 22,966 shares of the company’s stock worth $491,000 after buying an additional 2,962 shares during the period.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Down 0.0 %

Shares of FIIG stock opened at $20.74 on Monday. The business’s fifty day simple moving average is $20.59 and its 200-day simple moving average is $20.82. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $19.91 and a 12-month high of $21.60.

About First Trust Intermediate Duration Investment Grade Corporate ETF

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.