2,753,129 Shares in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Acquired by LVZ Inc.

LVZ Inc. bought a new position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,753,129 shares of the company’s stock, valued at approximately $56,852,000. First Trust Core Investment Grade ETF accounts for 7.3% of LVZ Inc.’s investment portfolio, making the stock its 6th biggest position. LVZ Inc. owned about 367.08% of First Trust Core Investment Grade ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FTCB. Maia Wealth LLC boosted its position in First Trust Core Investment Grade ETF by 8.1% during the third quarter. Maia Wealth LLC now owns 31,429 shares of the company’s stock worth $660,000 after purchasing an additional 2,362 shares during the period. Centennial Wealth Advisory LLC bought a new stake in First Trust Core Investment Grade ETF during the third quarter worth approximately $605,000. Harbour Investments Inc. boosted its position in First Trust Core Investment Grade ETF by 55.9% during the third quarter. Harbour Investments Inc. now owns 137,945 shares of the company’s stock worth $2,983,000 after purchasing an additional 49,434 shares during the period. Thrivent Financial for Lutherans bought a new stake in First Trust Core Investment Grade ETF during the third quarter worth approximately $255,000. Finally, Benjamin Edwards Inc. bought a new stake in First Trust Core Investment Grade ETF during the third quarter worth approximately $869,000.

First Trust Core Investment Grade ETF Price Performance

FTCB opened at $21.04 on Wednesday. First Trust Core Investment Grade ETF has a 1-year low of $20.25 and a 1-year high of $22.69. The business has a 50 day moving average of $20.69 and a 200-day moving average of $21.02.

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.