Principal Securities Inc. Makes New Investment in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Principal Securities Inc. bought a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,174 shares of the company’s stock, valued at approximately $189,000. Principal Securities Inc. owned approximately 1.22% of First Trust Core Investment Grade ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its stake in First Trust Core Investment Grade ETF by 1.3% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 39,199 shares of the company’s stock valued at $809,000 after acquiring an additional 512 shares during the last quarter. Hantz Financial Services Inc. purchased a new stake in First Trust Core Investment Grade ETF in the fourth quarter worth $43,000. Maia Wealth LLC raised its stake in shares of First Trust Core Investment Grade ETF by 8.1% in the third quarter. Maia Wealth LLC now owns 31,429 shares of the company’s stock valued at $660,000 after buying an additional 2,362 shares during the period. Geneos Wealth Management Inc. purchased a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter valued at $51,000. Finally, Raleigh Capital Management Inc. bought a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter worth $93,000.

First Trust Core Investment Grade ETF Stock Up 0.3 %

FTCB opened at $20.83 on Tuesday. The company has a 50 day moving average of $20.64 and a 200 day moving average of $21.04. First Trust Core Investment Grade ETF has a 12 month low of $20.25 and a 12 month high of $22.69.

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.