First Trust Core Investment Grade ETF $FTCB Shares Purchased by IFP Advisors Inc

IFP Advisors Inc boosted its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 20.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 231,832 shares of the company’s stock after acquiring an additional 38,740 shares during the period. IFP Advisors Inc owned 0.24% of First Trust Core Investment Grade ETF worth $4,922,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FTCB. Northwestern Mutual Wealth Management Co. increased its position in First Trust Core Investment Grade ETF by 14,236.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,389,242 shares of the company’s stock valued at $29,494,000 after acquiring an additional 1,379,552 shares during the period. First Heartland Consultants Inc. increased its position in First Trust Core Investment Grade ETF by 963.2% in the 3rd quarter. First Heartland Consultants Inc. now owns 560,966 shares of the company’s stock valued at $11,954,000 after acquiring an additional 508,205 shares during the period. APS Management Group Inc. increased its position in First Trust Core Investment Grade ETF by 781.8% during the 4th quarter. APS Management Group Inc. now owns 432,838 shares of the company’s stock worth $9,189,000 after purchasing an additional 383,753 shares during the period. Equitable Holdings Inc. acquired a new position in First Trust Core Investment Grade ETF during the 2nd quarter worth approximately $7,047,000. Finally, MGO One Seven LLC increased its position in First Trust Core Investment Grade ETF by 1,021.5% during the 4th quarter. MGO One Seven LLC now owns 339,272 shares of the company’s stock worth $7,203,000 after purchasing an additional 309,021 shares during the period.

First Trust Core Investment Grade ETF Trading Up 0.6%

NYSEARCA FTCB opened at $20.75 on Thursday. The business’s 50 day moving average is $20.97 and its two-hundred day moving average is $21.18. First Trust Core Investment Grade ETF has a 12-month low of $20.32 and a 12-month high of $21.87.

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.