First Trust Core Investment Grade ETF $FTCB Shares Acquired by First Trust Advisors LP

First Trust Advisors LP increased its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 45.4% in the first quarter, Holdings Channel reports. The institutional investor owned 1,233,088 shares of the company’s stock after acquiring an additional 385,152 shares during the quarter. First Trust Advisors LP’s holdings in First Trust Core Investment Grade ETF were worth $25,846,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Legacy Wealth Managment LLC ID boosted its stake in First Trust Core Investment Grade ETF by 138.0% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 13,042 shares of the company’s stock valued at $273,000 after acquiring an additional 7,562 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of First Trust Core Investment Grade ETF by 34.3% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 9,158 shares of the company’s stock valued at $192,000 after purchasing an additional 2,339 shares in the last quarter. Modera Wealth Management LLC bought a new position in shares of First Trust Core Investment Grade ETF during the first quarter worth about $387,000. Assetmark Inc. lifted its position in shares of First Trust Core Investment Grade ETF by 4.6% during the first quarter. Assetmark Inc. now owns 663,530 shares of the company’s stock worth $13,908,000 after purchasing an additional 29,102 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new position in First Trust Core Investment Grade ETF in the first quarter worth about $8,971,000.

First Trust Core Investment Grade ETF Price Performance

Shares of First Trust Core Investment Grade ETF stock opened at $20.61 on Wednesday. The business has a 50-day moving average price of $20.79 and a 200 day moving average price of $21.00. First Trust Core Investment Grade ETF has a fifty-two week low of $20.45 and a fifty-two week high of $21.87.

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. FTCB was launched on Nov 7, 2023 and is issued by First Trust.