TrueWealth Advisors LLC Trims Stock Position in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

TrueWealth Advisors LLC decreased its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,464 shares of the company’s stock after selling 710 shares during the period. TrueWealth Advisors LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $197,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Pinnacle Bancorp Inc. boosted its stake in First Trust Limited Duration Investment Grade Corporate ETF by 95.8% in the third quarter. Pinnacle Bancorp Inc. now owns 3,206 shares of the company’s stock valued at $62,000 after acquiring an additional 1,569 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter valued at about $193,000. Acorn Wealth Advisors LLC purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $231,000. Flagstar Advisors Inc. purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $239,000. Finally, Essex Savings Bank purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the fourth quarter valued at approximately $284,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

FSIG stock opened at $18.87 on Friday. The business has a 50 day simple moving average of $18.90 and a 200-day simple moving average of $19.00. First Trust Limited Duration Investment Grade Corporate ETF has a twelve month low of $18.52 and a twelve month high of $19.33.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

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.