Pine Valley Investments Ltd Liability Co grew its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Free Report) by 8.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,159,598 shares of the company’s stock after acquiring an additional 92,649 shares during the quarter. First Trust Core Investment Grade ETF comprises 1.1% of Pine Valley Investments Ltd Liability Co’s investment portfolio, making the stock its 17th largest position. Pine Valley Investments Ltd Liability Co owned about 1.03% of First Trust Core Investment Grade ETF worth $24,305,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of FTCB. NewEdge Advisors LLC raised its stake in First Trust Core Investment Grade ETF by 233.9% in the first quarter. NewEdge Advisors LLC now owns 739,203 shares of the company’s stock valued at $15,494,000 after purchasing an additional 517,799 shares in the last quarter. Arkadios Wealth Advisors grew its stake in First Trust Core Investment Grade ETF by 35.3% in the 1st quarter. Arkadios Wealth Advisors now owns 83,587 shares of the company’s stock worth $1,752,000 after buying an additional 21,798 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of First Trust Core Investment Grade ETF by 27.1% in the 1st quarter. Royal Bank of Canada now owns 566,232 shares of the company’s stock worth $11,868,000 after buying an additional 120,604 shares during the last quarter. Gateway Wealth Partners LLC increased its holdings in shares of First Trust Core Investment Grade ETF by 165.3% in the 1st quarter. Gateway Wealth Partners LLC now owns 458,485 shares of the company’s stock worth $9,610,000 after buying an additional 285,644 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in First Trust Core Investment Grade ETF by 30.5% during the first quarter. Cetera Investment Advisers now owns 2,750,968 shares of the company’s stock worth $57,660,000 after purchasing an additional 643,247 shares during the last quarter.
First Trust Core Investment Grade ETF Stock Performance
FTCB opened at $20.50 on Monday. The stock has a 50-day moving average price of $20.78 and a 200-day moving average price of $20.99. First Trust Core Investment Grade ETF has a 12-month low of $20.45 and a 12-month high of $21.87.
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.
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