Apollon Wealth Management LLC Purchases 1,712 Shares of First Trust Intermediate Duration Investment Grade Corporate ETF $FIIG

Apollon Wealth Management LLC lifted its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) by 10.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,603 shares of the company’s stock after buying an additional 1,712 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust Intermediate Duration Investment Grade Corporate ETF were worth $390,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its stake in First Trust Intermediate Duration Investment Grade Corporate ETF by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 128,139 shares of the company’s stock valued at $2,659,000 after acquiring an additional 16,666 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 2.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 412,553 shares of the company’s stock valued at $8,560,000 after purchasing an additional 8,290 shares during the period. Perigon Wealth Management LLC lifted its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 35.4% in the 1st quarter. Perigon Wealth Management LLC now owns 27,552 shares of the company’s stock valued at $572,000 after purchasing an additional 7,200 shares during the period. Rossby Financial LCC bought a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF in the first quarter valued at about $94,000. Finally, Mutual Advisors LLC increased its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 31.0% in the first quarter. Mutual Advisors LLC now owns 78,646 shares of the company’s stock valued at $1,624,000 after purchasing an additional 18,599 shares during the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Stock Performance

First Trust Intermediate Duration Investment Grade Corporate ETF stock opened at $21.45 on Friday. First Trust Intermediate Duration Investment Grade Corporate ETF has a 1 year low of $19.96 and a 1 year high of $21.47. The business has a 50-day moving average of $21.22 and a 200-day moving average of $20.88.

First Trust Intermediate Duration Investment Grade Corporate ETF Company Profile

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.