Comerica Bank Takes $221,000 Position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Comerica Bank bought a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,726 shares of the company’s stock, valued at approximately $221,000. Comerica Bank owned approximately 1.43% of First Trust Core Investment Grade ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in FTCB. Park Avenue Securities LLC bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $1,864,000. Raleigh Capital Management Inc. bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $93,000. Impact Partnership Wealth LLC bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $452,000. Geneos Wealth Management Inc. bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $51,000. Finally, Cyndeo Wealth Partners LLC bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at $17,706,000.

First Trust Core Investment Grade ETF Price Performance

NYSEARCA:FTCB opened at $20.75 on Friday. The firm has a fifty day simple moving average of $20.86 and a 200 day simple moving average of $20.81. First Trust Core Investment Grade ETF has a 1-year low of $18.76 and a 1-year high of $22.69.

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.