Independent Financial Group LLC Purchases Shares of 428,010 First Trust Core Investment Grade ETF $FTCB

Independent Financial Group LLC acquired a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 428,010 shares of the company’s stock, valued at approximately $8,971,000. Independent Financial Group LLC owned approximately 0.38% of First Trust Core Investment Grade ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Comerica Bank raised its stake in First Trust Core Investment Grade ETF by 3.1% during the 3rd quarter. Comerica Bank now owns 17,130 shares of the company’s stock valued at $365,000 after purchasing an additional 515 shares during the period. Ameritas Advisory Services LLC boosted its stake in First Trust Core Investment Grade ETF by 6.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 10,242 shares of the company’s stock worth $217,000 after purchasing an additional 597 shares during the period. Ascent Group LLC boosted its stake in First Trust Core Investment Grade ETF by 9.4% in the 4th quarter. Ascent Group LLC now owns 10,535 shares of the company’s stock worth $224,000 after purchasing an additional 905 shares during the period. Raleigh Capital Management Inc. grew its holdings in First Trust Core Investment Grade ETF by 15.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 6,841 shares of the company’s stock valued at $145,000 after buying an additional 912 shares in the last quarter. Finally, TrueWealth Advisors LLC grew its holdings in First Trust Core Investment Grade ETF by 5.5% during the 4th quarter. TrueWealth Advisors LLC now owns 17,611 shares of the company’s stock valued at $374,000 after buying an additional 914 shares in the last quarter.

First Trust Core Investment Grade ETF Trading Up 0.0%

First Trust Core Investment Grade ETF stock opened at $20.76 on Friday. First Trust Core Investment Grade ETF has a 1 year low of $20.59 and a 1 year high of $21.87. The firm’s 50 day moving average price is $20.82 and its 200-day moving average price is $21.04.

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.