Benjamin Edwards Inc. Buys 90,377 Shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Benjamin Edwards Inc. lifted its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 224.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 130,558 shares of the company’s stock after buying an additional 90,377 shares during the period. Benjamin Edwards Inc. owned about 17.41% of First Trust Core Investment Grade ETF worth $2,696,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Global Retirement Partners LLC bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. bought a new position in First Trust Core Investment Grade ETF in the 4th quarter valued at $43,000. Geneos Wealth Management Inc. bought a new position in First Trust Core Investment Grade ETF in the 4th quarter valued at $51,000. Raleigh Capital Management Inc. acquired a new position in First Trust Core Investment Grade ETF in the fourth quarter worth $93,000. Finally, Topsail Wealth Management LLC acquired a new stake in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $110,000.

First Trust Core Investment Grade ETF Price Performance

First Trust Core Investment Grade ETF stock opened at $20.79 on Wednesday. The stock has a 50-day simple moving average of $20.91 and a 200 day simple moving average of $20.82. First Trust Core Investment Grade ETF has a 12-month low of $20.00 and a 12-month high of $22.69.

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.