AE Wealth Management LLC Increases Holdings in First Trust Core Investment Grade ETF $FTCB

AE Wealth Management LLC increased its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 210,485 shares of the company’s stock after buying an additional 27,318 shares during the quarter. AE Wealth Management LLC owned about 0.23% of First Trust Core Investment Grade ETF worth $4,469,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in First Trust Core Investment Grade ETF by 4.0% during the third quarter. Envestnet Asset Management Inc. now owns 3,436,919 shares of the company’s stock worth $73,241,000 after acquiring an additional 133,374 shares during the last quarter. LVZ Inc. grew its stake in shares of First Trust Core Investment Grade ETF by 1.0% in the third quarter. LVZ Inc. now owns 3,074,804 shares of the company’s stock valued at $65,524,000 after buying an additional 31,783 shares in the last quarter. Seascape Capital Management grew its stake in shares of First Trust Core Investment Grade ETF by 7.8% in the fourth quarter. Seascape Capital Management now owns 1,429,953 shares of the company’s stock valued at $30,358,000 after buying an additional 103,899 shares in the last quarter. Stephens Inc. AR grew its stake in shares of First Trust Core Investment Grade ETF by 2.3% in the third quarter. Stephens Inc. AR now owns 1,217,273 shares of the company’s stock valued at $25,940,000 after buying an additional 26,984 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC grew its stake in shares of First Trust Core Investment Grade ETF by 5.0% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 979,014 shares of the company’s stock valued at $20,784,000 after buying an additional 46,429 shares in the last quarter.

First Trust Core Investment Grade ETF Price Performance

Shares of NYSEARCA FTCB opened at $21.17 on Monday. First Trust Core Investment Grade ETF has a twelve month low of $18.76 and a twelve month high of $21.87. The stock has a fifty day simple moving average of $21.16 and a 200-day simple moving average of $21.27.

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.