Pine Valley Investments Ltd Liability Co Acquires 92,649 Shares of First Trust Core Investment Grade ETF $FTCB

Pine Valley Investments Ltd Liability Co raised its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 8.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,159,598 shares of the company’s stock after buying an additional 92,649 shares during the period. First Trust Core Investment Grade ETF comprises approximately 1.1% of Pine Valley Investments Ltd Liability Co’s portfolio, making the stock its 17th largest position. Pine Valley Investments Ltd Liability Co’s holdings in First Trust Core Investment Grade ETF were worth $24,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC increased its holdings in shares of First Trust Core Investment Grade ETF by 41.6% in the fourth quarter. LPL Financial LLC now owns 12,413,458 shares of the company’s stock worth $263,538,000 after buying an additional 3,649,333 shares during the period. Morgan Stanley boosted its holdings in First Trust Core Investment Grade ETF by 16.3% during the 4th quarter. Morgan Stanley now owns 6,203,204 shares of the company’s stock valued at $131,694,000 after acquiring an additional 871,355 shares during the period. LVZ Inc. boosted its holdings in First Trust Core Investment Grade ETF by 4.6% during the 1st quarter. LVZ Inc. now owns 3,240,435 shares of the company’s stock valued at $67,920,000 after acquiring an additional 142,672 shares during the period. Cetera Investment Advisers boosted its holdings in First Trust Core Investment Grade ETF by 30.5% during the 1st quarter. Cetera Investment Advisers now owns 2,750,968 shares of the company’s stock valued at $57,660,000 after acquiring an additional 643,247 shares during the period. Finally, Long Run Wealth Advisors LLC grew its position in First Trust Core Investment Grade ETF by 2.9% during the 4th quarter. Long Run Wealth Advisors LLC now owns 2,231,568 shares of the company’s stock worth $47,376,000 after acquiring an additional 63,259 shares during the last quarter.

First Trust Core Investment Grade ETF Stock Performance

FTCB opened at $20.50 on Monday. The stock’s 50 day simple moving average is $20.78 and its 200 day simple moving average is $20.99. First Trust Core Investment Grade ETF has a 1 year low of $20.45 and a 1 year high of $21.87.

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.