NewEdge Advisors LLC Acquires 338,541 Shares of First Trust Core Investment Grade ETF $FTCB

NewEdge Advisors LLC grew its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 152.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 559,945 shares of the company’s stock after purchasing an additional 338,541 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Core Investment Grade ETF were worth $11,736,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC lifted its position 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 buying an additional 3,649,333 shares during the period. Morgan Stanley lifted its holdings in shares of 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 valued at $131,694,000 after acquiring an additional 871,355 shares during the period. LVZ Inc. lifted its holdings in shares of First Trust Core Investment Grade ETF by 4.6% during the first quarter. LVZ Inc. now owns 3,240,435 shares of the company’s stock valued at $67,920,000 after acquiring an additional 142,672 shares during the period. Cetera Investment Advisers boosted its stake in shares of First Trust Core Investment Grade ETF by 30.5% in the 1st quarter. Cetera Investment Advisers now owns 2,750,968 shares of the company’s stock valued at $57,660,000 after purchasing an additional 643,247 shares in the last quarter. Finally, Long Run Wealth Advisors LLC grew its holdings in shares of First Trust Core Investment Grade ETF by 2.9% in the 4th quarter. Long Run Wealth Advisors LLC now owns 2,231,568 shares of the company’s stock worth $47,376,000 after purchasing an additional 63,259 shares during the last quarter.

First Trust Core Investment Grade ETF Trading Down 0.4%

Shares of First Trust Core Investment Grade ETF stock opened at $20.53 on Thursday. First Trust Core Investment Grade ETF has a 12-month low of $20.45 and a 12-month high of $21.87. The company has a 50-day simple moving average of $20.78 and a 200 day simple moving average of $21.00.

About First Trust Core Investment Grade ETF

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.