TAP Consulting LLC Purchases Shares of 25,256 First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

TAP Consulting LLC bought a new position in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 25,256 shares of the company’s stock, valued at approximately $516,000. TAP Consulting LLC owned 0.33% of First Trust Intermediate Duration Investment Grade Corporate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Securities Inc. increased its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 9.7% in the 4th quarter. Principal Securities Inc. now owns 5,760 shares of the company’s stock valued at $118,000 after buying an additional 510 shares during the period. Independent Wealth Network Inc. purchased a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter worth about $218,000. HBW Advisory Services LLC acquired a new stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF during the 4th quarter valued at about $224,000. Private Client Services LLC grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 31.1% in the 4th quarter. Private Client Services LLC now owns 12,895 shares of the company’s stock valued at $264,000 after buying an additional 3,056 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new position in First Trust Intermediate Duration Investment Grade Corporate ETF in the third quarter worth approximately $294,000.

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

NYSEARCA FIIG opened at $20.75 on Thursday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 12-month low of $19.91 and a 12-month high of $21.60. The company has a 50 day moving average price of $20.58 and a two-hundred day moving average price of $20.83.

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.