Spire Wealth Management Raises Holdings in First Trust Core Investment Grade ETF $FTCB

Spire Wealth Management lifted its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 2,178.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,586 shares of the company’s stock after buying an additional 100,952 shares during the quarter. Spire Wealth Management’s holdings in First Trust Core Investment Grade ETF were worth $2,224,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Rossby Financial LCC purchased a new position in First Trust Core Investment Grade ETF during the first quarter worth approximately $93,000. Private Trust Co. NA purchased a new position in First Trust Core Investment Grade ETF during the first quarter worth approximately $128,000. Strategic Blueprint LLC purchased a new position in First Trust Core Investment Grade ETF during the first quarter worth approximately $267,000. Seascape Capital Management purchased a new position in First Trust Core Investment Grade ETF during the first quarter worth approximately $22,715,000. Finally, Bank of New York Mellon Corp boosted its position in First Trust Core Investment Grade ETF by 24.3% during the first quarter. Bank of New York Mellon Corp now owns 275,961 shares of the company’s stock worth $5,792,000 after purchasing an additional 54,006 shares in the last quarter.

First Trust Core Investment Grade ETF Trading Down 0.0%

Shares of FTCB stock opened at $21.41 on Friday. The business’s 50 day moving average is $21.37 and its two-hundred day moving average is $21.04. First Trust Core Investment Grade ETF has a 12-month low of $18.76 and a 12-month high of $22.33.

First Trust Core Investment Grade ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a dividend of $0.083 per share. The ex-dividend date is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.