Concurrent Investment Advisors LLC Invests $5.07 Million in First Trust Core Investment Grade ETF $FTCB

Concurrent Investment Advisors LLC bought a new position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the second quarter, Holdings Channel reports. The institutional investor bought 240,946 shares of the company’s stock, valued at approximately $5,074,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Quest 10 Wealth Builders Inc. grew its stake in First Trust Core Investment Grade ETF by 22.7% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 2,605 shares of the company’s stock valued at $55,000 after acquiring an additional 482 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in First Trust Core Investment Grade ETF during the 1st quarter valued at about $25,000. Raleigh Capital Management Inc. grew its stake in First Trust Core Investment Grade ETF by 30.5% during the 1st quarter. Raleigh Capital Management Inc. now owns 5,894 shares of the company’s stock valued at $124,000 after acquiring an additional 1,377 shares in the last quarter. Kestra Investment Management LLC grew its stake in First Trust Core Investment Grade ETF by 18.3% during the 1st quarter. Kestra Investment Management LLC now owns 10,622 shares of the company’s stock valued at $223,000 after acquiring an additional 1,643 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. grew its stake in First Trust Core Investment Grade ETF by 5.6% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 36,075 shares of the company’s stock valued at $757,000 after acquiring an additional 1,929 shares in the last quarter.

First Trust Core Investment Grade ETF Stock Up 0.4%

Shares of NYSEARCA FTCB opened at $21.45 on Monday. First Trust Core Investment Grade ETF has a 12-month low of $18.76 and a 12-month high of $22.33. The company has a 50-day moving average of $21.25 and a 200 day moving average of $20.98.

First Trust Core Investment Grade ETF Company 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.