Blackhawk Capital Partners LLC Raises Stake in First Trust Core Investment Grade ETF $FTCB

Blackhawk Capital Partners LLC grew its holdings in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 20.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 150,425 shares of the company’s stock after buying an additional 25,629 shares during the period. First Trust Core Investment Grade ETF accounts for approximately 1.2% of Blackhawk Capital Partners LLC’s portfolio, making the stock its 19th largest position. Blackhawk Capital Partners LLC owned about 0.13% of First Trust Core Investment Grade ETF worth $3,153,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FTCB. LPL Financial LLC raised its stake in shares of First Trust Core Investment Grade ETF by 41.6% during the fourth quarter. LPL Financial LLC now owns 12,413,458 shares of the company’s stock worth $263,538,000 after purchasing an additional 3,649,333 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust Core Investment Grade ETF by 14,236.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,389,242 shares of the company’s stock valued at $29,494,000 after acquiring an additional 1,379,552 shares in the last quarter. Morgan Stanley increased its stake in shares of First Trust Core Investment Grade ETF by 16.3% during the fourth quarter. Morgan Stanley now owns 6,203,204 shares of the company’s stock worth $131,694,000 after acquiring an additional 871,355 shares during the period. Stephens Inc. AR increased its stake in shares of First Trust Core Investment Grade ETF by 58.6% during the first quarter. Stephens Inc. AR now owns 1,999,530 shares of the company’s stock worth $41,910,000 after acquiring an additional 738,861 shares during the period. Finally, Centennial Wealth Advisory LLC raised its holdings in First Trust Core Investment Grade ETF by 102.2% during the first quarter. Centennial Wealth Advisory LLC now owns 1,088,140 shares of the company’s stock worth $22,807,000 after purchasing an additional 549,966 shares in the last quarter.

First Trust Core Investment Grade ETF Stock Performance

Shares of NYSEARCA:FTCB opened at $20.75 on Thursday. First Trust Core Investment Grade ETF has a 52 week low of $20.59 and a 52 week high of $21.87. The company has a 50-day moving average price of $20.83 and a 200 day moving average price of $21.04.

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.