Concourse Financial Group Securities Inc. Makes New Investment in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Concourse Financial Group Securities Inc. bought a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the fourth quarter, Holdings Channel.com reports. The firm bought 25,311 shares of the company’s stock, valued at approximately $523,000.

A number of other hedge funds have also modified their holdings of FTCB. Global Retirement Partners LLC acquired a new position in First Trust Core Investment Grade ETF during the fourth quarter worth about $36,000. Hantz Financial Services Inc. acquired a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter worth approximately $43,000. Geneos Wealth Management Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $51,000. Raleigh Capital Management Inc. acquired a new stake in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $93,000. Finally, Kestra Investment Management LLC purchased a new position in First Trust Core Investment Grade ETF during the fourth quarter worth approximately $185,000.

First Trust Core Investment Grade ETF Stock Performance

Shares of NYSEARCA:FTCB opened at $20.72 on Tuesday. First Trust Core Investment Grade ETF has a 52-week low of $20.25 and a 52-week high of $22.69. The business has a fifty day moving average of $20.91 and a two-hundred day moving average of $20.85.

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.