Summit Wealth Group LLC Co. grew its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Free Report) by 8.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 557,894 shares of the company’s stock after buying an additional 45,130 shares during the period. First Trust Core Investment Grade ETF comprises approximately 0.7% of Summit Wealth Group LLC Co.’s holdings, making the stock its 24th biggest position. Summit Wealth Group LLC Co.’s holdings in First Trust Core Investment Grade ETF were worth $11,013,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the second quarter worth $25,000. Compass Financial Management LLC acquired a new stake in shares of First Trust Core Investment Grade ETF in the second quarter valued at about $26,000. Rockefeller Capital Management L.P. purchased a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter worth about $29,000. Torren Management LLC purchased a new position in shares of First Trust Core Investment Grade ETF in the first quarter worth about $43,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Core Investment Grade ETF in the first quarter worth about $43,000.
First Trust Core Investment Grade ETF Stock Performance
FTCB opened at $20.18 on Tuesday. First Trust Core Investment Grade ETF has a twelve month low of $19.65 and a twelve month high of $21.47. The firm’s 50-day moving average price is $20.11 and its 200 day moving average price is $20.74.
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.
Further Reading
- Five stocks we like better than First Trust Core Investment Grade ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Want to see what other hedge funds are holding FTCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Free Report).
Receive News & Ratings for First Trust Core Investment Grade ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Core Investment Grade ETF and related companies with MarketBeat.com's FREE daily email newsletter.
