Stephens Inc. AR Boosts Stock Holdings in First Trust Core Investment Grade ETF $FTCB

Stephens Inc. AR boosted its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,260,669 shares of the company’s stock after purchasing an additional 43,396 shares during the period. Stephens Inc. AR owned approximately 1.31% of First Trust Core Investment Grade ETF worth $26,764,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Core Investment Grade ETF by 14,236.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,389,242 shares of the company’s stock worth $29,494,000 after purchasing an additional 1,379,552 shares during the period. Summit Wealth Group LLC Co. purchased a new position in First Trust Core Investment Grade ETF during the fourth quarter worth approximately $4,287,000. Ameritas Advisory Services LLC raised its stake in First Trust Core Investment Grade ETF by 6.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 10,242 shares of the company’s stock worth $217,000 after purchasing an additional 597 shares during the period. AIFG Consultants Ltd. raised its stake in First Trust Core Investment Grade ETF by 21.2% during the fourth 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 period. Finally, World Investment Advisors purchased a new position in First Trust Core Investment Grade ETF during the fourth quarter worth approximately $946,000.

First Trust Core Investment Grade ETF Stock Down 0.7%

NYSEARCA:FTCB opened at $20.74 on Friday. First Trust Core Investment Grade ETF has a fifty-two week low of $20.28 and a fifty-two week high of $21.87. The firm’s 50 day moving average is $21.01 and its two-hundred day moving average is $21.20.

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. FTCB was launched on Nov 7, 2023 and is issued by First Trust.