LPL Financial LLC Raises Holdings in First Trust Core Investment Grade ETF $FTCB

LPL Financial LLC increased its position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 41.6% in the 4th quarter, Holdings Channel reports. The firm owned 12,413,458 shares of the company’s stock after purchasing an additional 3,649,333 shares during the period. LPL Financial LLC owned 0.13% of First Trust Core Investment Grade ETF worth $263,538,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. OneAscent Financial Services LLC increased its position in shares of First Trust Core Investment Grade ETF by 14.9% during the fourth quarter. OneAscent Financial Services LLC now owns 32,081 shares of the company’s stock worth $681,000 after purchasing an additional 4,150 shares in the last quarter. Calton & Associates Inc. increased its position in shares of First Trust Core Investment Grade ETF by 20.2% during the fourth quarter. Calton & Associates Inc. now owns 38,419 shares of the company’s stock worth $816,000 after purchasing an additional 6,445 shares in the last quarter. Consolidated Capital Management LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the fourth quarter worth approximately $11,490,000. Acorn Wealth Advisors LLC increased its position in shares of First Trust Core Investment Grade ETF by 23.1% during the fourth quarter. Acorn Wealth Advisors LLC now owns 145,546 shares of the company’s stock worth $3,090,000 after purchasing an additional 27,324 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of 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 in the last quarter.

First Trust Core Investment Grade ETF Trading Up 0.2%

Shares of FTCB opened at $20.79 on Wednesday. The stock has a 50 day moving average price of $20.92 and a 200 day moving average price of $21.13. First Trust Core Investment Grade ETF has a one year low of $20.59 and a one year high of $21.87.

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.