Private Client Services LLC Acquires New Stake in First Trust Core Investment Grade ETF $FTCB

Private Client Services LLC bought a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 46,550 shares of the company’s stock, valued at approximately $919,000.

Several other institutional investors and hedge funds have also modified their holdings of FTCB. Envestnet Portfolio Solutions Inc. raised its position in First Trust Core Investment Grade ETF by 6.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 145,410 shares of the company’s stock valued at $3,033,000 after purchasing an additional 9,288 shares during the last quarter. Bouchey Financial Group Ltd. grew its holdings in shares of First Trust Core Investment Grade ETF by 55.1% during the second quarter. Bouchey Financial Group Ltd. now owns 2,928,857 shares of the company’s stock worth $61,081,000 after purchasing an additional 1,040,581 shares during the last quarter. RFG Advisory LLC increased its stake in shares of First Trust Core Investment Grade ETF by 103.4% in the second quarter. RFG Advisory LLC now owns 125,602 shares of the company’s stock valued at $2,619,000 after buying an additional 63,851 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of First Trust Core Investment Grade ETF by 17.1% in the second quarter. NewEdge Advisors LLC now owns 865,944 shares of the company’s stock valued at $18,059,000 after buying an additional 126,741 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of First Trust Core Investment Grade ETF by 5.3% in the second quarter. IFP Advisors Inc now owns 332,441 shares of the company’s stock valued at $6,933,000 after buying an additional 16,803 shares during the last quarter.

First Trust Core Investment Grade ETF Stock Down 0.3%

NYSEARCA FTCB traded down $0.05 on Friday, hitting $19.76. 315,940 shares of the company were exchanged, compared to its average volume of 721,623. The firm has a 50 day moving average of $20.39 and a two-hundred day moving average of $20.71. First Trust Core Investment Grade ETF has a 1-year low of $19.67 and a 1-year high of $21.60.

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.