Private Advisor Group LLC Purchases 247,721 Shares of First Trust Core Investment Grade ETF $FTCB

Private Advisor Group LLC grew its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 46.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 784,448 shares of the company’s stock after buying an additional 247,721 shares during the period. Private Advisor Group LLC owned approximately 1.05% of First Trust Core Investment Grade ETF worth $16,717,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameriflex Group Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF during the third quarter valued at approximately $35,000. Cullen Frost Bankers Inc. purchased a new position in First Trust Core Investment Grade ETF in the 3rd quarter worth approximately $62,000. Geneos Wealth Management Inc. raised its holdings in First Trust Core Investment Grade ETF by 160.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 6,436 shares of the company’s stock worth $136,000 after acquiring an additional 3,968 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in First Trust Core Investment Grade ETF in the 3rd quarter valued at approximately $145,000. Finally, EdgeRock Capital LLC bought a new position in First Trust Core Investment Grade ETF in the 3rd quarter valued at approximately $200,000.

First Trust Core Investment Grade ETF Trading Down 0.3%

Shares of FTCB opened at $21.23 on Wednesday. The business’s fifty day simple moving average is $21.28 and its two-hundred day simple moving average is $21.32. First Trust Core Investment Grade ETF has a 12 month low of $18.76 and a 12 month high of $21.87.

First Trust Core Investment Grade ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 5.1%.

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.