Long Run Wealth Advisors LLC Raises Holdings in First Trust Core Investment Grade ETF $FTCB

Long Run Wealth Advisors LLC grew its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,231,568 shares of the company’s stock after acquiring an additional 63,259 shares during the period. First Trust Core Investment Grade ETF accounts for approximately 8.9% of Long Run Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Long Run Wealth Advisors LLC owned approximately 2.35% of First Trust Core Investment Grade ETF worth $47,376,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada bought a new stake in shares of First Trust Core Investment Grade ETF during the 1st quarter valued at about $5,148,000. NewEdge Advisors LLC lifted its stake in First Trust Core Investment Grade ETF by 39.8% in the second quarter. NewEdge Advisors LLC now owns 194,246 shares of the company’s stock valued at $4,091,000 after buying an additional 55,307 shares during the period. Betterment LLC acquired a new position in First Trust Core Investment Grade ETF in the second quarter valued at approximately $257,000. Jane Street Group LLC boosted its holdings in shares of First Trust Core Investment Grade ETF by 137.5% during the 2nd quarter. Jane Street Group LLC now owns 213,459 shares of the company’s stock worth $4,495,000 after buying an additional 123,570 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in shares of First Trust Core Investment Grade ETF by 64.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 468,753 shares of the company’s stock worth $9,872,000 after buying an additional 182,997 shares in the last quarter.

First Trust Core Investment Grade ETF Price Performance

Shares of FTCB stock opened at $20.95 on Monday. The firm has a 50 day moving average of $21.09 and a 200-day moving average of $21.24. First Trust Core Investment Grade ETF has a 52 week low of $18.76 and a 52 week high of $21.87.

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.