Bank of New York Mellon Corp Takes $4.58 Million Position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Bank of New York Mellon Corp purchased a new stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 221,955 shares of the company’s stock, valued at approximately $4,583,000. Bank of New York Mellon Corp owned 29.59% of First Trust Core Investment Grade ETF at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FTCB. Global Retirement Partners LLC purchased a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter valued at $36,000. Hantz Financial Services Inc. purchased a new position in First Trust Core Investment Grade ETF in the fourth quarter valued at about $43,000. Geneos Wealth Management Inc. purchased a new position in First Trust Core Investment Grade ETF in the fourth quarter valued at about $51,000. Raleigh Capital Management Inc. acquired a new position in First Trust Core Investment Grade ETF in the 4th quarter worth about $93,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter worth about $185,000.

First Trust Core Investment Grade ETF Stock Up 0.3 %

FTCB stock opened at $20.99 on Tuesday. First Trust Core Investment Grade ETF has a 1 year low of $20.25 and a 1 year high of $22.69. The company has a fifty day simple moving average of $20.76 and a 200 day simple moving average of $20.99.

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.