Gateway Wealth Partners LLC Buys 285,644 Shares of First Trust Core Investment Grade ETF $FTCB

Gateway Wealth Partners LLC lifted its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 165.3% in the first quarter, HoldingsChannel.com reports. The fund owned 458,485 shares of the company’s stock after purchasing an additional 285,644 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Core Investment Grade ETF were worth $9,610,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada purchased a new stake in First Trust Core Investment Grade ETF during the 1st quarter valued at $5,148,000. NewEdge Advisors LLC grew its holdings in shares of 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 worth $4,091,000 after acquiring an additional 55,307 shares during the period. Betterment LLC bought a new stake in shares of First Trust Core Investment Grade ETF in the second quarter worth $257,000. Jane Street Group LLC grew its holdings in shares of First Trust Core Investment Grade ETF by 137.5% in the second quarter. Jane Street Group LLC now owns 213,459 shares of the company’s stock worth $4,495,000 after acquiring an additional 123,570 shares during the period. Finally, Benjamin Edwards Inc. increased its position in First Trust Core Investment Grade ETF by 64.0% during the second quarter. Benjamin Edwards Inc. now owns 468,753 shares of the company’s stock valued at $9,872,000 after acquiring an additional 182,997 shares during the last quarter.

First Trust Core Investment Grade ETF Price Performance

FTCB stock opened at $20.51 on Monday. First Trust Core Investment Grade ETF has a fifty-two week low of $20.45 and a fifty-two week high of $21.87. The business’s 50-day moving average is $20.79 and its two-hundred day moving average is $21.01.

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.