Centennial Wealth Advisory LLC Acquires 549,966 Shares of First Trust Core Investment Grade ETF $FTCB

Centennial Wealth Advisory LLC grew its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 102.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,088,140 shares of the company’s stock after purchasing an additional 549,966 shares during the quarter. First Trust Core Investment Grade ETF makes up 5.5% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 3rd largest holding. Centennial Wealth Advisory LLC’s holdings in First Trust Core Investment Grade ETF were worth $22,807,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC lifted its holdings in shares of First Trust Core Investment Grade ETF by 41.6% in the 4th quarter. LPL Financial LLC now owns 12,413,458 shares of the company’s stock worth $263,538,000 after purchasing an additional 3,649,333 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust Core Investment Grade ETF by 14,236.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,389,242 shares of the company’s stock valued at $29,494,000 after acquiring an additional 1,379,552 shares during the period. Morgan Stanley grew its position in shares of First Trust Core Investment Grade ETF by 16.3% during the fourth quarter. Morgan Stanley now owns 6,203,204 shares of the company’s stock worth $131,694,000 after acquiring an additional 871,355 shares during the last quarter. Arax Advisory Partners bought a new position in shares of First Trust Core Investment Grade ETF during the fourth quarter worth about $11,523,000. Finally, Consolidated Capital Management LLC acquired a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter worth about $11,490,000.

First Trust Core Investment Grade ETF Stock Up 0.0%

FTCB stock opened at $20.88 on Wednesday. The firm’s 50-day simple moving average is $20.90 and its 200 day simple moving average is $21.09. First Trust Core Investment Grade ETF has a fifty-two week low of $20.59 and a fifty-two week high of $21.87.

About First Trust Core Investment Grade ETF

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.