LPL Financial LLC Boosts Stock Position in First Trust Core Investment Grade ETF $FTCB

LPL Financial LLC grew its holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCBFree Report) by 41.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,413,458 shares of the company’s stock after buying an additional 3,649,333 shares during the quarter. LPL Financial LLC owned 12.90% of First Trust Core Investment Grade ETF worth $263,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FTCB. Ameriflex Group Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF in the third quarter valued at approximately $35,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $43,000. Cullen Frost Bankers Inc. increased its position in shares of First Trust Core Investment Grade ETF by 40.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 4,104 shares of the company’s stock valued at $87,000 after buying an additional 1,185 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of First Trust Core Investment Grade ETF in the third quarter valued at approximately $95,000. Finally, Legacy Wealth Managment LLC ID purchased a new stake in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $116,000.

First Trust Core Investment Grade ETF Stock Performance

First Trust Core Investment Grade ETF stock opened at $20.79 on Wednesday. First Trust Core Investment Grade ETF has a 12 month low of $20.59 and a 12 month high of $21.87. The business has a 50 day simple moving average of $20.92 and a 200-day simple moving average of $21.13.

About First Trust Core Investment Grade ETF

(Free Report)

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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Institutional Ownership by Quarter for First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

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