HBW Advisory Services LLC Boosts Position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

HBW Advisory Services LLC grew its stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 7.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 224,480 shares of the company’s stock after buying an additional 15,718 shares during the quarter. HBW Advisory Services LLC owned approximately 29.93% of First Trust Core Investment Grade ETF worth $4,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Harbour Investments Inc. increased its position in First Trust Core Investment Grade ETF by 55.9% in the third quarter. Harbour Investments Inc. now owns 137,945 shares of the company’s stock worth $2,983,000 after buying an additional 49,434 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in First Trust Core Investment Grade ETF in the third quarter worth about $1,610,000. Benjamin Edwards Inc. purchased a new stake in First Trust Core Investment Grade ETF in the third quarter worth about $869,000. Maia Wealth LLC increased its position in 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 worth $660,000 after buying an additional 2,362 shares in the last quarter. Finally, Centennial Wealth Advisory LLC purchased a new stake in First Trust Core Investment Grade ETF in the third quarter worth about $605,000.

First Trust Core Investment Grade ETF Stock Performance

FTCB traded down $0.13 during midday trading on Friday, reaching $20.42. The company had a trading volume of 563,727 shares, compared to its average volume of 729,840. The business has a 50-day moving average of $20.80 and a two-hundred day moving average of $21.11. First Trust Core Investment Grade ETF has a 1 year low of $20.25 and a 1 year 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.