First Trust Core Investment Grade ETF $FTCB Shares Bought by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC grew its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 23.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 145,546 shares of the company’s stock after purchasing an additional 27,324 shares during the period. First Trust Core Investment Grade ETF makes up about 0.9% of Acorn Wealth Advisors LLC’s holdings, making the stock its 29th largest holding. Acorn Wealth Advisors LLC’s holdings in First Trust Core Investment Grade ETF were worth $3,090,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ameriflex Group Inc. purchased a new stake in First Trust Core Investment Grade ETF in the 3rd quarter valued at approximately $35,000. Sound Income Strategies LLC purchased a new stake in First Trust Core Investment Grade ETF in the 4th quarter valued at approximately $43,000. Cullen Frost Bankers Inc. purchased a new stake in First Trust Core Investment Grade ETF in the 3rd quarter valued at approximately $62,000. Qube Research & Technologies Ltd purchased a new stake in First Trust Core Investment Grade ETF in the 3rd quarter valued at approximately $95,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in First Trust Core Investment Grade ETF in the 4th quarter valued at $116,000.

First Trust Core Investment Grade ETF Trading Up 0.1%

Shares of FTCB opened at $20.88 on Friday. The stock has a fifty day moving average of $20.93 and a two-hundred day moving average of $21.16. First Trust Core Investment Grade ETF has a fifty-two week low of $20.59 and a fifty-two week 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.