Sun Financial Inc Buys Shares of 229,640 First Trust Core Investment Grade ETF $FTCB

Sun Financial Inc bought a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, HoldingsChannel reports. The firm bought 229,640 shares of the company’s stock, valued at approximately $4,875,000. First Trust Core Investment Grade ETF makes up approximately 2.7% of Sun Financial Inc’s holdings, making the stock its 6th largest position.

Several other large investors also recently added to or reduced their stakes in FTCB. Ameriflex Group Inc. purchased a new position in shares of First Trust Core Investment Grade ETF during the 3rd quarter worth $35,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter worth about $43,000. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Core Investment Grade ETF during the 3rd quarter worth about $62,000. Qube Research & Technologies Ltd acquired a new stake in shares of First Trust Core Investment Grade ETF during the 3rd quarter worth about $95,000. Finally, Geneos Wealth Management Inc. increased its position in shares of First Trust Core Investment Grade ETF by 160.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 6,436 shares of the company’s stock worth $136,000 after purchasing an additional 3,968 shares during the last quarter.

First Trust Core Investment Grade ETF Price Performance

Shares of NYSEARCA:FTCB opened at $20.95 on Monday. The business has a 50-day moving average price of $21.09 and a 200 day moving average price of $21.24. First Trust Core Investment Grade ETF has a 12-month low of $18.76 and a 12-month 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.