Dynamic Advisor Solutions LLC Takes Position in First Trust Core Investment Grade ETF $FTCB

Dynamic Advisor Solutions LLC purchased a new position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 60,362 shares of the company’s stock, valued at approximately $1,281,000. Dynamic Advisor Solutions LLC owned 0.07% of First Trust Core Investment Grade ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Ameriflex Group Inc. bought a new position in First Trust Core Investment Grade ETF in the third quarter valued at approximately $35,000. Cullen Frost Bankers Inc. bought a new stake in shares of First Trust Core Investment Grade ETF during the 3rd quarter valued at $62,000. Qube Research & Technologies Ltd bought a new stake in shares of First Trust Core Investment Grade ETF during the 3rd quarter valued at $95,000. Geneos Wealth Management Inc. lifted its stake in shares of First Trust Core Investment Grade ETF by 160.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 6,436 shares of the company’s stock valued at $136,000 after purchasing an additional 3,968 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in First Trust Core Investment Grade ETF in the third quarter valued at about $145,000.

First Trust Core Investment Grade ETF Price Performance

First Trust Core Investment Grade ETF stock opened at $21.01 on Thursday. The company’s 50 day simple moving average is $21.23 and its 200 day simple moving average is $21.31. 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 firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a yield of 5.1%.

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.