NewEdge Advisors LLC Has $18.06 Million Stock Holdings in First Trust Core Investment Grade ETF $FTCB

NewEdge Advisors LLC raised its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 17.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 865,944 shares of the company’s stock after buying an additional 126,741 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Core Investment Grade ETF were worth $18,059,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in FTCB. IFP Advisors Inc raised its holdings in shares of First Trust Core Investment Grade ETF by 5.3% during the 2nd quarter. IFP Advisors Inc now owns 332,441 shares of the company’s stock worth $6,933,000 after buying an additional 16,803 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in shares of First Trust Core Investment Grade ETF by 33.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 13,642 shares of the company’s stock worth $285,000 after buying an additional 3,391 shares during the last quarter. Kintra Wealth LLC boosted its stake in First Trust Core Investment Grade ETF by 124.3% in the second quarter. Kintra Wealth LLC now owns 2,224,625 shares of the company’s stock valued at $45,872,000 after buying an additional 1,232,810 shares in the last quarter. Asset Allocation Strategies LLC boosted its stake in First Trust Core Investment Grade ETF by 32.1% in the second quarter. Asset Allocation Strategies LLC now owns 64,284 shares of the company’s stock valued at $1,341,000 after buying an additional 15,639 shares in the last quarter. Finally, Compass Financial Management LLC bought a new position in First Trust Core Investment Grade ETF in the second quarter valued at about $26,000.

First Trust Core Investment Grade ETF Trading Down 0.7%

FTCB stock opened at $20.27 on Friday. The company has a 50 day simple moving average of $20.59 and a 200 day simple moving average of $20.84. First Trust Core Investment Grade ETF has a 1 year low of $20.25 and a 1 year high of $21.60.

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.