First Trust Core Investment Grade ETF $FTCB Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. grew its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 19.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,221,191 shares of the company’s stock after buying an additional 199,356 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Core Investment Grade ETF were worth $25,926,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. purchased a new position in shares of First Trust Core Investment Grade ETF in the third quarter valued at $35,000. Sound Income Strategies LLC purchased a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $43,000. Cullen Frost Bankers Inc. purchased a new position in shares of First Trust Core Investment Grade ETF in the third quarter valued at $62,000. Qube Research & Technologies Ltd acquired a new position in First Trust Core Investment Grade ETF during the third quarter worth about $95,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in First Trust Core Investment Grade ETF during the fourth quarter worth about $116,000.

First Trust Core Investment Grade ETF Stock Performance

Shares of FTCB opened at $20.70 on Tuesday. The company has a 50-day moving average of $21.00 and a two-hundred day moving average of $21.19. 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 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.