Kestra Private Wealth Services LLC Raises Holdings in First Trust Core Investment Grade ETF $FTCB

Kestra Private Wealth Services LLC boosted its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 22.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 219,148 shares of the company’s stock after acquiring an additional 39,475 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Core Investment Grade ETF were worth $4,593,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FTCB. LPL Financial LLC grew its stake in shares of First Trust Core Investment Grade ETF by 41.6% during the 4th quarter. LPL Financial LLC now owns 12,413,458 shares of the company’s stock worth $263,538,000 after purchasing an additional 3,649,333 shares during the period. Morgan Stanley boosted its holdings in First Trust Core Investment Grade ETF by 16.3% during the fourth quarter. Morgan Stanley now owns 6,203,204 shares of the company’s stock worth $131,694,000 after buying an additional 871,355 shares in the last quarter. LVZ Inc. grew its position in First Trust Core Investment Grade ETF by 0.7% during the fourth quarter. LVZ Inc. now owns 3,097,763 shares of the company’s stock valued at $65,766,000 after buying an additional 22,959 shares during the period. Long Run Wealth Advisors LLC grew its position in First Trust Core Investment Grade ETF by 2.9% during the fourth quarter. Long Run Wealth Advisors LLC now owns 2,231,568 shares of the company’s stock valued at $47,376,000 after buying an additional 63,259 shares during the period. Finally, Stifel Financial Corp increased its holdings in First Trust Core Investment Grade ETF by 1.7% in the fourth quarter. Stifel Financial Corp now owns 2,138,023 shares of the company’s stock valued at $45,390,000 after buying an additional 34,969 shares in the last quarter.

First Trust Core Investment Grade ETF Stock Performance

NYSEARCA:FTCB opened at $20.95 on Friday. First Trust Core Investment Grade ETF has a 52 week low of $20.59 and a 52 week high of $21.87. The stock’s 50-day moving average price is $20.89 and its 200-day moving average price is $21.08.

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.