Cyndeo Wealth Partners LLC Increases Stake in First Trust Core Investment Grade ETF $FTCB

Cyndeo Wealth Partners LLC raised its holdings in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 979,014 shares of the company’s stock after buying an additional 46,429 shares during the quarter. First Trust Core Investment Grade ETF comprises about 1.1% of Cyndeo Wealth Partners LLC’s portfolio, making the stock its 18th biggest holding. Cyndeo Wealth Partners LLC owned approximately 1.16% of First Trust Core Investment Grade ETF worth $20,784,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FTCB. Comerica Bank lifted its stake in shares of First Trust Core Investment Grade ETF by 3.1% in the third quarter. Comerica Bank now owns 17,130 shares of the company’s stock worth $365,000 after buying an additional 515 shares in the last quarter. Moloney Securities Asset Management LLC grew its stake in First Trust Core Investment Grade ETF by 1.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 28,057 shares of the company’s stock valued at $598,000 after acquiring an additional 525 shares in the last quarter. TrueWealth Advisors LLC raised its holdings in First Trust Core Investment Grade ETF by 5.5% in the 4th quarter. TrueWealth Advisors LLC now owns 17,611 shares of the company’s stock valued at $374,000 after acquiring an additional 914 shares during the last quarter. Hilltop Holdings Inc. raised its holdings in First Trust Core Investment Grade ETF by 8.6% in the 3rd quarter. Hilltop Holdings Inc. now owns 14,457 shares of the company’s stock valued at $308,000 after acquiring an additional 1,148 shares during the last quarter. Finally, Balboa Wealth Partners lifted its stake in First Trust Core Investment Grade ETF by 2.2% in the 3rd quarter. Balboa Wealth Partners now owns 61,551 shares of the company’s stock worth $1,312,000 after purchasing an additional 1,310 shares in the last quarter.

First Trust Core Investment Grade ETF Stock Performance

Shares of First Trust Core Investment Grade ETF stock opened at $20.89 on Friday. First Trust Core Investment Grade ETF has a 1-year low of $18.76 and a 1-year high of $21.87. The stock’s 50 day simple moving average is $21.25 and its 200-day simple moving average is $21.32.

First Trust Core Investment Grade ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a yield of 5.2%.

First Trust Core Investment Grade ETF 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.