Royal Bank of Canada Has $11.87 Million Holdings in First Trust Core Investment Grade ETF $FTCB

Royal Bank of Canada lifted its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 27.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 566,232 shares of the company’s stock after buying an additional 120,604 shares during the quarter. Royal Bank of Canada owned about 0.50% of First Trust Core Investment Grade ETF worth $11,868,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FTCB. HBW Advisory Services LLC grew its position in shares of First Trust Core Investment Grade ETF by 31.3% in the 4th quarter. HBW Advisory Services LLC now owns 473,609 shares of the company’s stock valued at $10,055,000 after acquiring an additional 112,795 shares during the period. AIFG Consultants Ltd. increased its stake in shares of First Trust Core Investment Grade ETF by 21.2% during the 4th quarter. AIFG Consultants Ltd. now owns 332,811 shares of the company’s stock worth $7,066,000 after purchasing an additional 58,296 shares during the last quarter. Summit Wealth Group LLC Co. bought a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at about $4,287,000. Centennial Wealth Advisory LLC lifted its stake in First Trust Core Investment Grade ETF by 102.2% in the 1st quarter. Centennial Wealth Advisory LLC now owns 1,088,140 shares of the company’s stock valued at $22,807,000 after purchasing an additional 549,966 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in First Trust Core Investment Grade ETF by 41.6% in the 4th quarter. LPL Financial LLC now owns 12,413,458 shares of the company’s stock valued at $263,538,000 after purchasing an additional 3,649,333 shares during the last quarter.

First Trust Core Investment Grade ETF Trading Up 0.1%

First Trust Core Investment Grade ETF stock opened at $20.61 on Friday. First Trust Core Investment Grade ETF has a 52 week low of $20.45 and a 52 week high of $21.87. The stock has a 50-day simple moving average of $20.75 and a 200 day simple moving average of $20.97.

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.