AIFG Consultants Ltd. Has $7.07 Million Stock Position in First Trust Core Investment Grade ETF $FTCB

AIFG Consultants Ltd. boosted its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 21.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 332,811 shares of the company’s stock after acquiring an additional 58,296 shares during the quarter. First Trust Core Investment Grade ETF comprises 12.1% of AIFG Consultants Ltd.’s holdings, making the stock its 2nd biggest position. AIFG Consultants Ltd.’s holdings in First Trust Core Investment Grade ETF were worth $7,066,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Park Avenue Securities LLC grew its stake in shares of First Trust Core Investment Grade ETF by 19.7% in the 4th quarter. Park Avenue Securities LLC now owns 158,228 shares of the company’s stock worth $3,359,000 after purchasing an additional 26,064 shares during the last quarter. BAM Wealth Management LLC acquired a new position in shares of First Trust Core Investment Grade ETF in the 4th quarter worth approximately $1,095,000. HBW Advisory Services LLC grew its stake in shares of First Trust Core Investment Grade ETF by 31.3% in the 4th quarter. HBW Advisory Services LLC now owns 473,609 shares of the company’s stock worth $10,055,000 after purchasing an additional 112,795 shares during the last quarter. Assetmark Inc. grew its stake in shares of First Trust Core Investment Grade ETF by 9.5% in the 3rd quarter. Assetmark Inc. now owns 522,527 shares of the company’s stock worth $11,135,000 after purchasing an additional 45,332 shares during the last quarter. Finally, Daymark Wealth Partners LLC acquired a new position in shares of First Trust Core Investment Grade ETF in the 4th quarter worth approximately $882,000.

First Trust Core Investment Grade ETF Stock Down 0.3%

Shares of FTCB opened at $20.89 on Wednesday. The firm’s 50 day moving average is $21.04 and its 200-day moving average is $21.21. First Trust Core Investment Grade ETF has a 12-month low of $20.28 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.