RiverTree Advisors LLC Invests $1.96 Million in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

RiverTree Advisors LLC bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 103,659 shares of the company’s stock, valued at approximately $1,956,000. First Trust Limited Duration Investment Grade Corporate ETF comprises about 1.3% of RiverTree Advisors LLC’s portfolio, making the stock its 21st biggest holding. RiverTree Advisors LLC owned 0.18% of First Trust Limited Duration Investment Grade Corporate ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of FSIG. LPL Financial LLC raised its position in First Trust Limited Duration Investment Grade Corporate ETF by 4.7% in the third quarter. LPL Financial LLC now owns 6,826,996 shares of the company’s stock valued at $131,078,000 after purchasing an additional 305,648 shares during the period. International Assets Investment Management LLC boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1,642,192.6% in the third quarter. International Assets Investment Management LLC now owns 5,583,795 shares of the company’s stock valued at $107,209,000 after purchasing an additional 5,583,455 shares during the period. Envestnet Asset Management Inc. grew its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 5.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,417,997 shares of the company’s stock valued at $26,573,000 after purchasing an additional 74,764 shares in the last quarter. Stephens Inc. AR grew its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 1.5% during the third quarter. Stephens Inc. AR now owns 1,120,409 shares of the company’s stock valued at $21,512,000 after acquiring an additional 16,095 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 6.2% during the second quarter. Cetera Investment Advisers now owns 760,275 shares of the company’s stock worth $14,248,000 after acquiring an additional 44,306 shares during the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of FSIG opened at $18.87 on Monday. The stock has a 50-day moving average price of $18.90 and a 200 day moving average price of $19.01. First Trust Limited Duration Investment Grade Corporate ETF has a one year low of $18.52 and a one year 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.