Gateway Wealth Partners LLC Increases Position in First Trust Core Investment Grade ETF $FTCB

Gateway Wealth Partners LLC raised its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 165.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 458,485 shares of the company’s stock after purchasing an additional 285,644 shares during the period. Gateway Wealth Partners LLC owned 0.41% of First Trust Core Investment Grade ETF worth $9,610,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. purchased a new position in shares of First Trust Core Investment Grade ETF in the 4th quarter worth about $29,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the fourth quarter valued at approximately $43,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF during the first quarter valued at approximately $43,000. Torren Management LLC purchased a new position in First Trust Core Investment Grade ETF in the 1st quarter worth approximately $43,000. Finally, Cullen Frost Bankers Inc. raised its holdings in First Trust Core Investment Grade ETF by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 4,104 shares of the company’s stock worth $87,000 after acquiring an additional 1,185 shares during the last quarter.

First Trust Core Investment Grade ETF Price Performance

FTCB stock opened at $20.51 on Monday. First Trust Core Investment Grade ETF has a 12-month low of $20.45 and a 12-month high of $21.87. The stock’s 50 day simple moving average is $20.79 and its 200 day simple moving average is $21.01.

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.