First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Hits New 1-Year High at $19.28

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) shares hit a new 52-week high during trading on Monday . The company traded as high as $19.28 and last traded at $19.28, with a volume of 17149 shares traded. The stock had previously closed at $19.27.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

The company has a 50 day simple moving average of $19.05 and a two-hundred day simple moving average of $18.85.

Hedge Funds Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter worth $317,000. Cetera Investment Advisers increased its stake in First Trust Limited Duration Investment Grade Corporate ETF by 6.2% during the 2nd quarter. Cetera Investment Advisers now owns 760,275 shares of the company’s stock worth $14,248,000 after buying an additional 44,306 shares in the last quarter. Truist Financial Corp lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 6.9% in the second quarter. Truist Financial Corp now owns 236,392 shares of the company’s stock valued at $4,430,000 after acquiring an additional 15,196 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 27.2% in the second quarter. Gateway Wealth Partners LLC now owns 25,650 shares of the company’s stock worth $481,000 after acquiring an additional 5,487 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 41.9% during the second quarter. NewEdge Advisors LLC now owns 522,534 shares of the company’s stock worth $9,792,000 after purchasing an additional 154,422 shares in the last quarter.

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.