N.E.W. Advisory Services LLC Has $1.58 Million Stock Position in First Trust Core Investment Grade ETF $FTCB

N.E.W. Advisory Services LLC lessened its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 89.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 75,068 shares of the company’s stock after selling 621,330 shares during the period. N.E.W. Advisory Services LLC owned 0.12% of First Trust Core Investment Grade ETF worth $1,581,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of FTCB. Vestmark Advisory Solutions Inc. increased its holdings in First Trust Core Investment Grade ETF by 5.6% in the first quarter. Vestmark Advisory Solutions Inc. now owns 36,075 shares of the company’s stock valued at $757,000 after purchasing an additional 1,929 shares during the period. Kestra Advisory Services LLC increased its stake in shares of First Trust Core Investment Grade ETF by 82.3% in the first quarter. Kestra Advisory Services LLC now owns 1,352,171 shares of the company’s stock valued at $28,382,000 after buying an additional 610,312 shares during the period. Comerica Bank increased its stake in shares of First Trust Core Investment Grade ETF by 45.3% in the first quarter. Comerica Bank now owns 15,584 shares of the company’s stock valued at $327,000 after buying an additional 4,858 shares during the period. Royal Bank of Canada bought a new position in shares of First Trust Core Investment Grade ETF during the first quarter worth about $5,148,000. Finally, Concorde Asset Management LLC acquired a new position in shares of First Trust Core Investment Grade ETF in the first quarter worth approximately $218,000.

First Trust Core Investment Grade ETF Trading Down 1.0%

Shares of FTCB stock opened at $21.12 on Friday. The business’s 50 day simple moving average is $21.41 and its 200 day simple moving average is $21.18. First Trust Core Investment Grade ETF has a one year low of $18.76 and a one year high of $22.33.

First Trust Core Investment Grade ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were paid a dividend of $0.083 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Friday, November 21st.

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.