300,043 Shares in First Trust Core Investment Grade ETF $FTCB Acquired by SageGuard Financial Group LLC

SageGuard Financial Group LLC purchased a new position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 300,043 shares of the company’s stock, valued at approximately $6,289,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Asset Allocation Strategies LLC grew its position in shares of First Trust Core Investment Grade ETF by 41.9% during the first quarter. Asset Allocation Strategies LLC now owns 48,645 shares of the company’s stock worth $1,020,000 after acquiring an additional 14,354 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in shares of First Trust Core Investment Grade ETF by 23.8% in the 1st quarter. Apollon Wealth Management LLC now owns 54,850 shares of the company’s stock valued at $1,150,000 after acquiring an additional 10,531 shares during the period. Janney Montgomery Scott LLC raised its position in First Trust Core Investment Grade ETF by 107.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 956,652 shares of the company’s stock valued at $20,051,000 after purchasing an additional 496,178 shares during the last quarter. Sequent Planning LLC purchased a new stake in First Trust Core Investment Grade ETF in the 1st quarter valued at $404,000. Finally, Silver Oak Securities Incorporated boosted its stake in First Trust Core Investment Grade ETF by 102.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 29,101 shares of the company’s stock worth $610,000 after purchasing an additional 14,743 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

Shares of NYSEARCA:FTCB opened at $20.95 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 firm has a fifty day moving average price of $20.89 and a 200 day moving average price of $21.08.

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.