Park Avenue Securities LLC Buys New Position in First Trust Core Investment Grade ETF $FTCB

Park Avenue Securities LLC acquired a new position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 252,606 shares of the company’s stock, valued at approximately $4,986,000.

A number of other institutional investors also recently bought and sold shares of FTCB. Compass Financial Management LLC bought a new position in shares of First Trust Core Investment Grade ETF during the 2nd quarter valued at approximately $26,000. Rockefeller Capital Management L.P. purchased a new stake in First Trust Core Investment Grade ETF in the 4th quarter worth approximately $29,000. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust Core Investment Grade ETF during the 1st quarter worth approximately $43,000. Torren Management LLC bought a new stake in First Trust Core Investment Grade ETF during the 1st quarter worth approximately $43,000. Finally, Fifth Third Bancorp bought a new stake in First Trust Core Investment Grade ETF during the 1st quarter worth approximately $86,000.

First Trust Core Investment Grade ETF Price Performance

Shares of NYSEARCA FTCB opened at $20.12 on Friday. The firm has a fifty day moving average price of $20.13 and a 200-day moving average price of $20.75. First Trust Core Investment Grade ETF has a 1 year low of $19.65 and a 1 year high of $21.47.

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.