Dynamic Advisor Solutions LLC Lowers Stake in First Trust Core Investment Grade ETF $FTCB

Dynamic Advisor Solutions LLC lessened its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 15.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 436,038 shares of the company’s stock after selling 77,694 shares during the period. Dynamic Advisor Solutions LLC owned about 0.36% of First Trust Core Investment Grade ETF worth $9,094,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. acquired a new stake in First Trust Core Investment Grade ETF during the fourth quarter worth approximately $29,000. Sound Income Strategies LLC acquired a new position in First Trust Core Investment Grade ETF in the 4th quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Core Investment Grade ETF during the 1st quarter worth $43,000. Torren Management LLC purchased a new position in shares of First Trust Core Investment Grade ETF during the 1st quarter worth $43,000. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of First Trust Core Investment Grade ETF by 40.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,104 shares of the company’s stock worth $87,000 after purchasing an additional 1,185 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

FTCB stock opened at $20.63 on Thursday. First Trust Core Investment Grade ETF has a 52-week low of $20.45 and a 52-week high of $21.87. The stock’s fifty day simple moving average is $20.76 and its 200-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. FTCB was launched on Nov 7, 2023 and is issued by First Trust.