Consolidated Capital Management LLC Buys Shares of 541,198 First Trust Core Investment Grade ETF $FTCB

Consolidated Capital Management LLC bought a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the fourth quarter, HoldingsChannel.com reports. The fund bought 541,198 shares of the company’s stock, valued at approximately $11,490,000. First Trust Core Investment Grade ETF accounts for approximately 3.5% of Consolidated Capital Management LLC’s holdings, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acorn Wealth Advisors LLC lifted its holdings in First Trust Core Investment Grade ETF by 23.1% in the 4th quarter. Acorn Wealth Advisors LLC now owns 145,546 shares of the company’s stock valued at $3,090,000 after purchasing an additional 27,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Core Investment Grade ETF by 14,236.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,389,242 shares of the company’s stock valued at $29,494,000 after purchasing an additional 1,379,552 shares in the last quarter. IFG Advisory LLC lifted its holdings in First Trust Core Investment Grade ETF by 23.5% in the 4th quarter. IFG Advisory LLC now owns 58,677 shares of the company’s stock valued at $1,246,000 after purchasing an additional 11,159 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in First Trust Core Investment Grade ETF by 14.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 184,050 shares of the company’s stock valued at $3,907,000 after purchasing an additional 23,047 shares in the last quarter. Finally, Integrity Alliance LLC. lifted its holdings in shares of First Trust Core Investment Grade ETF by 17.0% during the 4th quarter. Integrity Alliance LLC. now owns 23,925 shares of the company’s stock worth $508,000 after acquiring an additional 3,471 shares during the period.

First Trust Core Investment Grade ETF Trading Up 0.1%

Shares of FTCB stock opened at $20.88 on Friday. First Trust Core Investment Grade ETF has a 1-year low of $20.59 and a 1-year high of $21.87. The firm’s 50-day simple moving average is $20.93 and its 200-day simple moving average is $21.16.

About First Trust Core Investment Grade ETF

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.