Janney Montgomery Scott LLC Boosts Holdings in First Trust Core Investment Grade ETF $FTCB

Janney Montgomery Scott LLC boosted its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 107.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 956,652 shares of the company’s stock after purchasing an additional 496,178 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Core Investment Grade ETF were worth $20,051,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTCB. Royal Bank of Canada bought a new position in shares of First Trust Core Investment Grade ETF during the 1st quarter valued at approximately $5,148,000. NewEdge Advisors LLC raised its holdings in shares of First Trust Core Investment Grade ETF by 39.8% in the 2nd quarter. NewEdge Advisors LLC now owns 194,246 shares of the company’s stock worth $4,091,000 after purchasing an additional 55,307 shares during the period. Betterment LLC purchased a new position in First Trust Core Investment Grade ETF in the second quarter valued at approximately $257,000. Jane Street Group LLC lifted its stake in First Trust Core Investment Grade ETF by 137.5% in the second quarter. Jane Street Group LLC now owns 213,459 shares of the company’s stock valued at $4,495,000 after purchasing an additional 123,570 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in First Trust Core Investment Grade ETF by 64.0% during the second quarter. Benjamin Edwards Inc. now owns 468,753 shares of the company’s stock valued at $9,872,000 after purchasing an additional 182,997 shares during the period.

First Trust Core Investment Grade ETF Price Performance

NYSEARCA:FTCB opened at $20.85 on Wednesday. The business has a fifty day simple moving average of $20.88 and a two-hundred day simple moving average of $21.08. First Trust Core Investment Grade ETF has a 1 year low of $20.59 and a 1 year high of $21.87.

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.