NewEdge Advisors LLC Purchases 338,541 Shares of First Trust Core Investment Grade ETF $FTCB

NewEdge Advisors LLC grew its holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 152.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 559,945 shares of the company’s stock after purchasing an additional 338,541 shares during the quarter. NewEdge Advisors LLC owned about 0.50% of First Trust Core Investment Grade ETF worth $11,736,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Royal Bank of Canada bought a new stake in First Trust Core Investment Grade ETF during the 1st quarter valued at approximately $5,148,000. Betterment LLC bought a new position in First Trust Core Investment Grade ETF in the 2nd quarter worth approximately $257,000. Jane Street Group LLC lifted its holdings in shares of First Trust Core Investment Grade ETF by 137.5% during the second quarter. Jane Street Group LLC now owns 213,459 shares of the company’s stock worth $4,495,000 after buying an additional 123,570 shares during the last quarter. Benjamin Edwards Inc. boosted its position in shares of First Trust Core Investment Grade ETF by 64.0% in the second quarter. Benjamin Edwards Inc. now owns 468,753 shares of the company’s stock valued at $9,872,000 after acquiring an additional 182,997 shares during the period. Finally, IHT Wealth Management LLC boosted its position in shares of First Trust Core Investment Grade ETF by 3.6% in the second quarter. IHT Wealth Management LLC now owns 217,434 shares of the company’s stock valued at $4,579,000 after acquiring an additional 7,497 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

Shares of First Trust Core Investment Grade ETF stock opened at $20.53 on Thursday. First Trust Core Investment Grade ETF has a 1 year low of $20.45 and a 1 year high of $21.87. The company’s fifty day simple moving average is $20.78 and its 200-day simple moving average is $21.00.

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.