LPL Financial LLC Acquires New Holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

LPL Financial LLC purchased a new stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,151,825 shares of the company’s stock, valued at approximately $44,435,000. LPL Financial LLC owned 286.91% of First Trust Core Investment Grade ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LVZ Inc. purchased a new stake in First Trust Core Investment Grade ETF during the fourth quarter valued at $56,852,000. Cyndeo Wealth Partners LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter valued at about $17,706,000. Commonwealth Equity Services LLC lifted its stake in shares of First Trust Core Investment Grade ETF by 6.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 333,943 shares of the company’s stock worth $6,896,000 after purchasing an additional 20,861 shares during the period. Assetmark Inc. purchased a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter worth approximately $5,525,000. Finally, Philip James Wealth Mangement LLC bought a new stake in First Trust Core Investment Grade ETF during the fourth quarter valued at approximately $5,297,000.

First Trust Core Investment Grade ETF Trading Down 0.6 %

FTCB opened at $20.83 on Friday. First Trust Core Investment Grade ETF has a 1-year low of $20.25 and a 1-year high of $22.69. The firm’s 50 day simple moving average is $20.83 and its two-hundred day simple moving average is $20.97.

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.