Envestnet Portfolio Solutions Inc. Acquires Shares of 188,153 First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Envestnet Portfolio Solutions Inc. bought a new position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 188,153 shares of the company’s stock, valued at approximately $3,885,000. Envestnet Portfolio Solutions Inc. owned approximately 0.25% of First Trust Core Investment Grade ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC bought a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter valued at $1,864,000. Principal Securities Inc. bought a new stake in shares of First Trust Core Investment Grade ETF during the fourth quarter valued at about $189,000. Truist Financial Corp lifted its holdings in shares of First Trust Core Investment Grade ETF by 306.5% in the fourth quarter. Truist Financial Corp now owns 54,939 shares of the company’s stock worth $1,134,000 after buying an additional 41,423 shares in the last quarter. Acorn Wealth Advisors LLC bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $1,561,000. Finally, Bank of New York Mellon Corp purchased a new position in First Trust Core Investment Grade ETF during the fourth quarter valued at approximately $4,583,000.

First Trust Core Investment Grade ETF Trading Down 0.1 %

NYSEARCA FTCB opened at $20.96 on Wednesday. The company’s 50 day simple moving average is $20.77 and its two-hundred day simple moving average is $20.99. 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 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.