Orion Portfolio Solutions LLC Invests $3.82 Million in First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Orion Portfolio Solutions LLC acquired a new stake in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 184,739 shares of the company’s stock, valued at approximately $3,815,000. Orion Portfolio Solutions LLC owned approximately 0.25% of First Trust Core Investment Grade ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. LPL Financial LLC purchased a new position in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at $44,435,000. Harbour Investments Inc. grew its stake in First Trust Core Investment Grade ETF by 22.0% in the fourth quarter. Harbour Investments Inc. now owns 168,346 shares of the company’s stock valued at $3,476,000 after purchasing an additional 30,401 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in First Trust Core Investment Grade ETF in the fourth quarter worth about $3,885,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust Core Investment Grade ETF by 6.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 333,943 shares of the company’s stock valued at $6,896,000 after buying an additional 20,861 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of First Trust Core Investment Grade ETF by 122.3% in the 4th quarter. Avantax Advisory Services Inc. now owns 60,278 shares of the company’s stock valued at $1,245,000 after buying an additional 33,163 shares in the last quarter.

First Trust Core Investment Grade ETF Trading Up 0.6 %

NYSEARCA FTCB opened at $20.96 on Monday. First Trust Core Investment Grade ETF has a 52 week low of $20.25 and a 52 week high of $22.69. The company has a 50 day moving average price of $20.84 and a 200 day moving average price of $20.95.

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.