Bullseye Investment Management LLC Purchases New Stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

Bullseye Investment Management LLC acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 176,644 shares of the company’s stock, valued at approximately $3,619,000. First Trust Intermediate Duration Investment Grade Corporate ETF makes up 2.4% of Bullseye Investment Management LLC’s portfolio, making the stock its 12th biggest holding. Bullseye Investment Management LLC owned about 2.28% of First Trust Intermediate Duration Investment Grade Corporate ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of FIIG. LPL Financial LLC boosted its position in First Trust Intermediate Duration Investment Grade Corporate ETF by 54.7% during the fourth quarter. LPL Financial LLC now owns 2,964,299 shares of the company’s stock worth $60,620,000 after purchasing an additional 1,048,020 shares in the last quarter. Manchester Financial Inc. boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 921.0% in the 4th quarter. Manchester Financial Inc. now owns 296,223 shares of the company’s stock worth $6,058,000 after buying an additional 267,211 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at about $3,053,000. Independent Advisor Alliance acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF during the fourth quarter worth about $1,379,000. Finally, Total Clarity Wealth Management Inc. acquired a new position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth approximately $1,346,000.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Up 0.5 %

FIIG stock opened at $20.69 on Friday. The stock’s 50 day moving average price is $20.63 and its 200 day moving average price is $20.80. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $19.91 and a 1 year high of $21.60.

First Trust Intermediate Duration Investment Grade Corporate ETF Company 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.