Archer Investment Corp Sells 3,705 Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Archer Investment Corp cut its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 108,305 shares of the company’s stock after selling 3,705 shares during the quarter. Archer Investment Corp owned 0.28% of First Trust Limited Duration Investment Grade Corporate ETF worth $2,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of FSIG. Morgan Stanley lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 136,977.8% in the 4th quarter. Morgan Stanley now owns 4,112,334 shares of the company’s stock worth $76,777,000 after acquiring an additional 4,109,334 shares during the last quarter. Stifel Financial Corp bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 1st quarter worth approximately $21,594,000. Imprint Wealth LLC bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter worth approximately $112,636,000. Kestra Advisory Services LLC lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 650.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 565,729 shares of the company’s stock worth $10,404,000 after acquiring an additional 490,301 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter worth approximately $6,612,000.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.3 %

Shares of FSIG traded up $0.05 during mid-day trading on Wednesday, reaching $18.63. The company’s stock had a trading volume of 227,434 shares, compared to its average volume of 413,271. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.21 and a 52 week high of $19.02. The company’s fifty day moving average price is $18.78 and its two-hundred day moving average price is $18.71.

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.