First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Short Interest Down 29.4% in February

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 90,611 shares, a decline of 29.4% from the January 29th total of 128,334 shares. Based on an average daily trading volume, of 669,447 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 669,447 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of First Trust Core Investment Grade ETF

Several large investors have recently made changes to their positions in the company. Cetera Investment Advisers lifted its stake in shares of First Trust Core Investment Grade ETF by 41.3% during the 2nd quarter. Cetera Investment Advisers now owns 1,463,717 shares of the company’s stock valued at $30,826,000 after buying an additional 428,077 shares in the last quarter. Assetmark Inc. raised its holdings in First Trust Core Investment Grade ETF by 9.5% during the 3rd quarter. Assetmark Inc. now owns 522,527 shares of the company’s stock valued at $11,135,000 after acquiring an additional 45,332 shares during the period. McCarthy & Cox lifted its position in shares of First Trust Core Investment Grade ETF by 8.9% during the third quarter. McCarthy & Cox now owns 935,912 shares of the company’s stock worth $19,944,000 after acquiring an additional 76,327 shares in the last quarter. APS Management Group Inc. bought a new position in shares of First Trust Core Investment Grade ETF in the third quarter worth $1,046,000. Finally, Centennial Wealth Advisory LLC grew its position in shares of First Trust Core Investment Grade ETF by 51.3% in the third quarter. Centennial Wealth Advisory LLC now owns 547,774 shares of the company’s stock valued at $11,673,000 after purchasing an additional 185,675 shares in the last quarter.

First Trust Core Investment Grade ETF Stock Performance

Shares of FTCB stock traded up $0.04 during trading hours on Friday, hitting $21.45. 668,629 shares of the company were exchanged, compared to its average volume of 752,811. The company has a 50 day simple moving average of $21.27 and a two-hundred day simple moving average of $21.31. First Trust Core Investment Grade ETF has a fifty-two week low of $18.76 and a fifty-two week high of $21.87.

First Trust Core Investment Grade ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 5.0%.

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.