Vestmark Advisory Solutions Inc. Invests $705,000 in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Vestmark Advisory Solutions Inc. purchased a new position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 34,146 shares of the company’s stock, valued at approximately $705,000.

Several other hedge funds have also recently modified their holdings of FTCB. LVZ Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter worth approximately $56,852,000. Cyndeo Wealth Partners LLC purchased a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter worth approximately $17,706,000. Assetmark Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter worth approximately $5,525,000. Philip James Wealth Mangement LLC purchased a new stake in First Trust Core Investment Grade ETF during the fourth quarter valued at approximately $5,297,000. Finally, Bank of New York Mellon Corp purchased a new stake in First Trust Core Investment Grade ETF during the fourth quarter valued at approximately $4,583,000.

First Trust Core Investment Grade ETF Price Performance

NYSEARCA:FTCB opened at $20.94 on Friday. First Trust Core Investment Grade ETF has a 52 week low of $20.25 and a 52 week high of $22.69. The firm has a 50 day moving average of $20.71 and a 200 day moving average of $21.01.

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.