NewEdge Advisors LLC Has $15.49 Million Position in First Trust Core Investment Grade ETF $FTCB

NewEdge Advisors LLC raised its holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 233.9% during the first quarter, Holdings Channel.com reports. The fund owned 739,203 shares of the company’s stock after purchasing an additional 517,799 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Core Investment Grade ETF were worth $15,494,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Rockefeller Capital Management L.P. bought a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter valued at $29,000. Sound Income Strategies LLC acquired a new position in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of First Trust Core Investment Grade ETF in the 1st quarter worth $43,000. Torren Management LLC bought a new position in shares of First Trust Core Investment Grade ETF in the 1st quarter worth $43,000. Finally, Fifth Third Bancorp acquired a new stake in shares of First Trust Core Investment Grade ETF during the first quarter worth $86,000.

First Trust Core Investment Grade ETF Trading Up 0.1%

NYSEARCA FTCB opened at $20.61 on Friday. The stock has a 50-day simple moving average of $20.75 and a 200 day simple moving average of $20.97. First Trust Core Investment Grade ETF has a 12 month low of $20.45 and a 12 month 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.