RFG Advisory LLC Sells 41,049 Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

RFG Advisory LLC lessened its stake in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 40.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,745 shares of the company’s stock after selling 41,049 shares during the period. RFG Advisory LLC’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $1,121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FSIG. Rehmann Capital Advisory Group lifted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 0.8% in the 3rd quarter. Rehmann Capital Advisory Group now owns 114,934 shares of the company’s stock valued at $2,114,000 after acquiring an additional 912 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 65.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 31,165 shares of the company’s stock valued at $573,000 after purchasing an additional 12,369 shares during the period. EWG Elevate Inc. purchased a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 4th quarter valued at about $3,208,000. IFP Advisors Inc increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 96.1% during the 4th quarter. IFP Advisors Inc now owns 196,227 shares of the company’s stock valued at $3,720,000 after purchasing an additional 96,165 shares during the period. Finally, TCP Asset Management LLC increased its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 2.3% during the 4th quarter. TCP Asset Management LLC now owns 156,447 shares of the company’s stock valued at $2,966,000 after purchasing an additional 3,454 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

Shares of NYSEARCA:FSIG opened at $18.85 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 1 year low of $18.21 and a 1 year high of $19.02. The stock’s 50-day moving average is $18.70 and its 200 day moving average is $18.79.

About First Trust Limited Duration Investment Grade Corporate ETF

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.