Summit Wealth Group LLC Co. boosted its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Free Report) by 8.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 557,894 shares of the company’s stock after acquiring an additional 45,130 shares during the period. First Trust Core Investment Grade ETF comprises about 0.7% of Summit Wealth Group LLC Co.’s holdings, making the stock its 24th biggest holding. Summit Wealth Group LLC Co. owned 0.41% of First Trust Core Investment Grade ETF worth $11,013,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in FTCB. Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the second quarter worth about $25,000. Compass Financial Management LLC acquired a new position in shares of First Trust Core Investment Grade ETF during the 2nd quarter worth about $26,000. Rockefeller Capital Management L.P. acquired a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter worth about $29,000. Torren Management LLC purchased a new position in First Trust Core Investment Grade ETF in the 1st quarter valued at about $43,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in First Trust Core Investment Grade ETF in the 1st quarter valued at about $43,000.
First Trust Core Investment Grade ETF Trading Up 0.1%
FTCB stock opened at $20.18 on Tuesday. First Trust Core Investment Grade ETF has a 12-month low of $19.65 and a 12-month high of $21.47. The business’s 50-day moving average is $20.11 and its 200 day moving average is $20.74.
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.
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