Cyndeo Wealth Partners LLC Purchases Shares of 857,421 First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Cyndeo Wealth Partners LLC acquired a new position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 857,421 shares of the company’s stock, valued at approximately $17,706,000. First Trust Core Investment Grade ETF accounts for about 1.2% of Cyndeo Wealth Partners LLC’s portfolio, making the stock its 13th largest position. Cyndeo Wealth Partners LLC owned 1.14% of First Trust Core Investment Grade ETF as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new stake in First Trust Core Investment Grade ETF during the fourth quarter worth about $51,000. Raleigh Capital Management Inc. acquired a new stake in First Trust Core Investment Grade ETF during the 4th quarter worth approximately $93,000. Thrivent Financial for Lutherans purchased a new position in First Trust Core Investment Grade ETF in the third quarter valued at approximately $255,000. Impact Partnership Wealth LLC purchased a new position in First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $452,000. Finally, Onyx Bridge Wealth Group LLC lifted its position in First Trust Core Investment Grade ETF by 12.4% during the third quarter. Onyx Bridge Wealth Group LLC now owns 21,350 shares of the company’s stock valued at $462,000 after buying an additional 2,354 shares in the last quarter.

First Trust Core Investment Grade ETF Price Performance

First Trust Core Investment Grade ETF stock opened at $20.57 on Friday. The firm has a fifty day moving average of $20.73 and a 200-day moving average of $21.09. First Trust Core Investment Grade ETF has a 52-week low of $20.25 and a 52-week high of $22.69.

About First Trust Core Investment Grade ETF

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.