First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Reaches New 12-Month High at $19.28

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

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.1 %

The business’s fifty day moving average is $19.03 and its 200-day moving average is $18.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the first quarter valued at about $31,000. Geneos Wealth Management Inc. increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 54.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,684 shares of the company’s stock valued at $32,000 after purchasing an additional 596 shares during the period. Capital Investment Advisory Services LLC lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 171.1% in the 1st quarter. Capital Investment Advisory Services LLC now owns 2,575 shares of the company’s stock worth $48,000 after purchasing an additional 1,625 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter valued at $129,000. Finally, Concourse Financial Group Securities Inc. boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.1% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 9,752 shares of the company’s stock valued at $183,000 after purchasing an additional 1,128 shares during 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.