World Investment Advisors Takes $946,000 Position in First Trust Core Investment Grade ETF $FTCB

World Investment Advisors purchased a new stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, Holdings Channel reports. The fund purchased 44,578 shares of the company’s stock, valued at approximately $946,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new position in First Trust Core Investment Grade ETF in the 3rd quarter worth approximately $35,000. Sound Income Strategies LLC purchased a new stake in First Trust Core Investment Grade ETF during the 4th quarter valued at $43,000. Cullen Frost Bankers Inc. boosted its stake in First Trust Core Investment Grade ETF by 40.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,104 shares of the company’s stock valued at $87,000 after purchasing an additional 1,185 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in First Trust Core Investment Grade ETF during the 3rd quarter valued at $95,000. Finally, Legacy Wealth Managment LLC ID bought a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter worth $116,000.

First Trust Core Investment Grade ETF Stock Performance

FTCB stock opened at $20.93 on Monday. First Trust Core Investment Grade ETF has a 1-year low of $20.59 and a 1-year high of $21.87. The business has a fifty day moving average price of $20.90 and a 200-day moving average price of $21.10.

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.