Iams Wealth Management LLC Raises Holdings in First Trust Core Investment Grade ETF $FTCB

Iams Wealth Management LLC raised its position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 85.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 272,185 shares of the company’s stock after buying an additional 125,257 shares during the quarter. First Trust Core Investment Grade ETF accounts for about 2.1% of Iams Wealth Management LLC’s holdings, making the stock its 5th biggest position. Iams Wealth Management LLC’s holdings in First Trust Core Investment Grade ETF were worth $5,779,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of FTCB. Royal Bank of Canada bought a new stake in First Trust Core Investment Grade ETF during the first quarter valued at $5,148,000. NewEdge Advisors LLC boosted its position in First Trust Core Investment Grade ETF by 39.8% during the second quarter. NewEdge Advisors LLC now owns 194,246 shares of the company’s stock valued at $4,091,000 after acquiring an additional 55,307 shares during the last quarter. Betterment LLC bought a new stake in First Trust Core Investment Grade ETF during the second quarter valued at $257,000. Jane Street Group LLC boosted its position in First Trust Core Investment Grade ETF by 137.5% during the second quarter. Jane Street Group LLC now owns 213,459 shares of the company’s stock valued at $4,495,000 after acquiring an additional 123,570 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its position 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 acquiring an additional 182,997 shares during the last quarter.

First Trust Core Investment Grade ETF Stock Down 0.2%

Shares of FTCB opened at $21.08 on Friday. The firm’s fifty day simple moving average is $21.16 and its two-hundred day simple moving average is $21.27. First Trust Core Investment Grade ETF has a 12 month low of $18.76 and a 12 month high of $21.87.

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.