Independent Financial Group LLC Invests $8.97 Million in First Trust Core Investment Grade ETF $FTCB

Independent Financial Group LLC bought a new stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 428,010 shares of the company’s stock, valued at approximately $8,971,000.

A number of other institutional investors have also recently made changes to their positions in FTCB. Bank of New York Mellon Corp increased its stake in First Trust Core Investment Grade ETF by 1.8% during the first quarter. Bank of New York Mellon Corp now owns 488,589 shares of the company’s stock worth $10,241,000 after acquiring an additional 8,701 shares during the last quarter. Blackhawk Capital Partners LLC raised its position in First Trust Core Investment Grade ETF by 20.5% during the first quarter. Blackhawk Capital Partners LLC now owns 150,425 shares of the company’s stock valued at $3,153,000 after purchasing an additional 25,629 shares during the period. Gentry Private Wealth LLC lifted its stake in shares of First Trust Core Investment Grade ETF by 2.6% in the 1st quarter. Gentry Private Wealth LLC now owns 39,630 shares of the company’s stock valued at $831,000 after purchasing an additional 1,006 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of First Trust Core Investment Grade ETF by 8.1% in the 1st quarter. Sanctuary Advisors LLC now owns 233,933 shares of the company’s stock valued at $4,903,000 after purchasing an additional 17,456 shares during the last quarter. Finally, BlueChip Wealth Advisors LLC boosted its holdings in shares of First Trust Core Investment Grade ETF by 24.0% in the 1st quarter. BlueChip Wealth Advisors LLC now owns 27,352 shares of the company’s stock worth $573,000 after purchasing an additional 5,294 shares during the period.

First Trust Core Investment Grade ETF Price Performance

NYSEARCA FTCB opened at $20.76 on Friday. The business’s 50 day moving average price is $20.82 and its 200-day moving average price is $21.04. First Trust Core Investment Grade ETF has a fifty-two week low of $20.59 and a fifty-two week 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.