Gentry Private Wealth LLC Takes Position in First Trust Core Investment Grade ETF $FTCB

Gentry Private Wealth LLC bought a new position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 31,147 shares of the company’s stock, valued at approximately $664,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FTCB. Long Run Wealth Advisors LLC bought a new position in First Trust Core Investment Grade ETF during the second quarter valued at $42,617,000. Envestnet Asset Management Inc. lifted its stake in First Trust Core Investment Grade ETF by 28.5% in the second quarter. Envestnet Asset Management Inc. now owns 3,303,545 shares of the company’s stock worth $69,573,000 after purchasing an additional 731,735 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of First Trust Core Investment Grade ETF by 194.0% during the second quarter. Osaic Holdings Inc. now owns 1,100,965 shares of the company’s stock valued at $23,185,000 after buying an additional 726,455 shares during the period. First Heartland Consultants Inc. grew its stake in shares of First Trust Core Investment Grade ETF by 963.2% during the third quarter. First Heartland Consultants Inc. now owns 560,966 shares of the company’s stock valued at $11,954,000 after buying an additional 508,205 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust Core Investment Grade ETF by 41.3% in the second quarter. Cetera Investment Advisers now owns 1,463,717 shares of the company’s stock worth $30,826,000 after buying an additional 428,077 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

FTCB opened at $21.45 on Friday. The business has a fifty day moving average of $21.27 and a 200 day moving average of $21.31. First Trust Core Investment Grade ETF has a 52-week low of $18.76 and a 52-week high of $21.87.

First Trust Core Investment Grade ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a $0.09 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Friday, February 20th.

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.