Kingsview Wealth Management LLC Increases Stake in First Trust Core Investment Grade ETF $FTCB

Kingsview Wealth Management LLC grew its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 24.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 451,202 shares of the company’s stock after acquiring an additional 88,762 shares during the period. Kingsview Wealth Management LLC owned about 0.75% of First Trust Core Investment Grade ETF worth $9,502,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in First Trust Core Investment Grade ETF by 76.0% during the 1st quarter. LPL Financial LLC now owns 3,786,283 shares of the company’s stock worth $79,474,000 after purchasing an additional 1,634,458 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of First Trust Core Investment Grade ETF by 28.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,303,545 shares of the company’s stock worth $69,573,000 after purchasing an additional 731,735 shares in the last quarter. LVZ Inc. grew its stake in shares of First Trust Core Investment Grade ETF by 0.9% during the 2nd quarter. LVZ Inc. now owns 3,043,021 shares of the company’s stock worth $64,086,000 after purchasing an additional 26,496 shares during the period. Long Run Wealth Advisors LLC purchased a new position in shares of First Trust Core Investment Grade ETF in the 2nd quarter valued at about $42,617,000. Finally, Cetera Investment Advisers lifted its stake in shares of First Trust Core Investment Grade ETF by 41.3% in the second quarter. Cetera Investment Advisers now owns 1,463,717 shares of the company’s stock valued at $30,826,000 after purchasing an additional 428,077 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

Shares of FTCB opened at $21.34 on Monday. First Trust Core Investment Grade ETF has a twelve month low of $18.76 and a twelve month high of $22.33. The firm’s 50-day moving average is $21.42 and its two-hundred day moving average is $21.09.

First Trust Core Investment Grade ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be issued a $0.083 dividend. The ex-dividend date is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend 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.