Stephens Inc. AR Trims Stock Holdings in First Trust Core Investment Grade ETF $FTCB

Stephens Inc. AR reduced its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 5.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,190,289 shares of the company’s stock after selling 70,998 shares during the period. Stephens Inc. AR’s holdings in First Trust Core Investment Grade ETF were worth $25,067,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quest 10 Wealth Builders Inc. raised its holdings in First Trust Core Investment Grade ETF by 22.7% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 2,605 shares of the company’s stock valued at $55,000 after buying an additional 482 shares during the period. Raleigh Capital Management Inc. raised its holdings in First Trust Core Investment Grade ETF by 30.5% in the 1st quarter. Raleigh Capital Management Inc. now owns 5,894 shares of the company’s stock valued at $124,000 after buying an additional 1,377 shares during the period. CWM LLC raised its holdings in First Trust Core Investment Grade ETF by 28.3% in the 2nd quarter. CWM LLC now owns 6,689 shares of the company’s stock valued at $141,000 after buying an additional 1,476 shares during the period. Kestra Investment Management LLC raised its holdings in First Trust Core Investment Grade ETF by 18.3% in the 1st quarter. Kestra Investment Management LLC now owns 10,622 shares of the company’s stock valued at $223,000 after buying an additional 1,643 shares during the period. Finally, Private Trust Co. NA raised its holdings in First Trust Core Investment Grade ETF by 29.3% in the 2nd quarter. Private Trust Co. NA now owns 7,904 shares of the company’s stock valued at $166,000 after buying an additional 1,793 shares during the period.

First Trust Core Investment Grade ETF Stock Down 0.2%

NYSEARCA FTCB opened at $21.55 on Monday. The stock has a 50-day moving average of $21.29 and a two-hundred day moving average of $21.00. First Trust Core Investment Grade ETF has a 1-year low of $18.76 and a 1-year high of $22.33.

First Trust Core Investment Grade ETF Profile

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets.