GPS Wealth Strategies Group LLC Sells 28,728 Shares of First Trust Core Investment Grade ETF $FTCB

GPS Wealth Strategies Group LLC lowered its stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 70.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,773 shares of the company’s stock after selling 28,728 shares during the period. GPS Wealth Strategies Group LLC’s holdings in First Trust Core Investment Grade ETF were worth $250,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Comerica Bank raised its stake in shares of First Trust Core Investment Grade ETF by 3.1% during the 3rd quarter. Comerica Bank now owns 17,130 shares of the company’s stock worth $365,000 after purchasing an additional 515 shares in the last quarter. Moloney Securities Asset Management LLC raised its stake in shares of First Trust Core Investment Grade ETF by 1.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 28,057 shares of the company’s stock worth $598,000 after purchasing an additional 525 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in First Trust Core Investment Grade ETF by 6.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 10,242 shares of the company’s stock valued at $217,000 after acquiring an additional 597 shares during the period. Ascent Group LLC raised its stake in First Trust Core Investment Grade ETF by 9.4% in the 4th quarter. Ascent Group LLC now owns 10,535 shares of the company’s stock valued at $224,000 after acquiring an additional 905 shares during the period. Finally, Raleigh Capital Management Inc. raised its stake in First Trust Core Investment Grade ETF by 15.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 6,841 shares of the company’s stock valued at $145,000 after acquiring an additional 912 shares during the period.

First Trust Core Investment Grade ETF Stock Performance

FTCB opened at $20.72 on Friday. First Trust Core Investment Grade ETF has a 1-year low of $20.32 and a 1-year high of $21.87. The stock’s fifty day simple moving average is $20.96 and its 200 day simple moving average is $21.18.

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.