Stephens Inc. AR Purchases 738,861 Shares of First Trust Core Investment Grade ETF $FTCB

Stephens Inc. AR raised its position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 58.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,999,530 shares of the company’s stock after purchasing an additional 738,861 shares during the quarter. Stephens Inc. AR owned 1.82% of First Trust Core Investment Grade ETF worth $41,910,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC raised its position in shares of First Trust Core Investment Grade ETF by 41.6% during the 4th quarter. LPL Financial LLC now owns 12,413,458 shares of the company’s stock valued at $263,538,000 after purchasing an additional 3,649,333 shares during the period. Morgan Stanley boosted its holdings in First Trust Core Investment Grade ETF by 16.3% in the 4th quarter. Morgan Stanley now owns 6,203,204 shares of the company’s stock worth $131,694,000 after buying an additional 871,355 shares during the period. LVZ Inc. increased its stake in First Trust Core Investment Grade ETF by 4.6% in the 1st quarter. LVZ Inc. now owns 3,240,435 shares of the company’s stock worth $67,920,000 after buying an additional 142,672 shares in the last quarter. Long Run Wealth Advisors LLC grew its position in shares of First Trust Core Investment Grade ETF by 2.9% during the fourth quarter. Long Run Wealth Advisors LLC now owns 2,231,568 shares of the company’s stock worth $47,376,000 after purchasing an additional 63,259 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings in First Trust Core Investment Grade ETF by 1.7% during the 4th quarter. Stifel Financial Corp now owns 2,138,023 shares of the company’s stock valued at $45,390,000 after buying an additional 34,969 shares in the last quarter.

First Trust Core Investment Grade ETF Stock Performance

Shares of NYSEARCA FTCB opened at $20.84 on Monday. The firm’s fifty day moving average is $20.86 and its two-hundred day moving average is $21.07. First Trust Core Investment Grade ETF has a 52-week low of $20.59 and a 52-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.