Benjamin Edwards Inc. Boosts Stake in First Trust Core Investment Grade ETF $FTCB

Benjamin Edwards Inc. lifted its holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 22.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 574,550 shares of the company’s stock after acquiring an additional 105,797 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust Core Investment Grade ETF were worth $12,244,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada purchased a new stake in shares of First Trust Core Investment Grade ETF during the first quarter valued at approximately $5,148,000. NewEdge Advisors LLC bought a new position in First Trust Core Investment Grade ETF in the 1st quarter valued at $2,916,000. Integrity Alliance LLC. purchased a new stake in shares of First Trust Core Investment Grade ETF during the 1st quarter valued at $291,000. Nova Wealth Management Inc. bought a new stake in shares of First Trust Core Investment Grade ETF during the 1st quarter worth $734,000. Finally, Private Client Services LLC boosted its holdings in shares of First Trust Core Investment Grade ETF by 15.1% in the 2nd quarter. Private Client Services LLC now owns 20,444 shares of the company’s stock worth $431,000 after buying an additional 2,686 shares during the last quarter.

First Trust Core Investment Grade ETF Stock Performance

FTCB opened at $21.25 on Friday. The firm has a 50-day moving average of $21.31 and a 200 day moving average of $21.23. First Trust Core Investment Grade ETF has a fifty-two week low of $18.76 and a fifty-two week high of $21.87.

First Trust Core Investment Grade ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were paid a $0.083 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, November 21st.

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.