First Trust Core Investment Grade ETF $FTCB Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 14,236.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,389,242 shares of the company’s stock after acquiring an additional 1,379,552 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.44% of First Trust Core Investment Grade ETF worth $29,494,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Park Avenue Securities LLC increased its stake in shares of First Trust Core Investment Grade ETF by 19.7% in the 4th quarter. Park Avenue Securities LLC now owns 158,228 shares of the company’s stock worth $3,359,000 after acquiring an additional 26,064 shares during the last quarter. BAM Wealth Management LLC acquired a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter worth $1,095,000. HBW Advisory Services LLC increased its stake in shares of First Trust Core Investment Grade ETF by 31.3% in the 4th quarter. HBW Advisory Services LLC now owns 473,609 shares of the company’s stock worth $10,055,000 after acquiring an additional 112,795 shares during the last quarter. Assetmark Inc. grew its holdings in shares of First Trust Core Investment Grade ETF by 9.5% during the 3rd quarter. Assetmark Inc. now owns 522,527 shares of the company’s stock worth $11,135,000 after purchasing an additional 45,332 shares during the period. Finally, Daymark Wealth Partners LLC purchased a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter worth $882,000.

First Trust Core Investment Grade ETF Trading Down 0.2%

NYSEARCA FTCB opened at $20.70 on Tuesday. First Trust Core Investment Grade ETF has a twelve month low of $20.28 and a twelve month high of $21.87. The stock has a fifty day simple moving average of $21.00 and a 200-day simple moving average of $21.19.

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. FTCB was launched on Nov 7, 2023 and is issued by First Trust.