Private Advisor Group LLC Acquires 247,721 Shares of First Trust Core Investment Grade ETF $FTCB

Private Advisor Group LLC increased its holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 46.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 784,448 shares of the company’s stock after acquiring an additional 247,721 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Core Investment Grade ETF were worth $16,717,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Ameriflex Group Inc. bought a new position in First Trust Core Investment Grade ETF in the third quarter worth approximately $35,000. First Trust Advisors LP boosted its stake in shares of First Trust Core Investment Grade ETF by 12.5% during the 3rd quarter. First Trust Advisors LP now owns 599,707 shares of the company’s stock worth $12,780,000 after acquiring an additional 66,675 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in shares of First Trust Core Investment Grade ETF by 2.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 293,056 shares of the company’s stock valued at $6,245,000 after acquiring an additional 8,084 shares during the period. IFG Advisory LLC grew its position in shares of First Trust Core Investment Grade ETF by 13.6% during the 3rd quarter. IFG Advisory LLC now owns 47,518 shares of the company’s stock valued at $1,013,000 after acquiring an additional 5,677 shares during the period. Finally, Gentry Private Wealth LLC purchased a new stake in shares of First Trust Core Investment Grade ETF in the 3rd quarter worth $664,000.

First Trust Core Investment Grade ETF Stock Down 0.3%

Shares of First Trust Core Investment Grade ETF stock opened at $21.23 on Wednesday. First Trust Core Investment Grade ETF has a one year low of $18.76 and a one year high of $21.87. The stock’s fifty day moving average is $21.28 and its 200 day moving average is $21.32.

First Trust Core Investment Grade ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a $0.09 dividend. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 5.1%.

First Trust Core Investment Grade ETF Company 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. FTCB was launched on Nov 7, 2023 and is issued by First Trust.