Truist Financial Corp Purchases 41,423 Shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB)

Truist Financial Corp grew its position in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) by 306.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 54,939 shares of the company’s stock after acquiring an additional 41,423 shares during the quarter. Truist Financial Corp owned about 0.07% of First Trust Core Investment Grade ETF worth $1,134,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at about $43,000. Geneos Wealth Management Inc. bought a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at about $51,000. Raleigh Capital Management Inc. bought a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at about $93,000. Principal Securities Inc. bought a new stake in shares of First Trust Core Investment Grade ETF in the 4th quarter valued at about $189,000. Finally, Thrivent Financial for Lutherans bought a new stake in shares of First Trust Core Investment Grade ETF in the 3rd quarter valued at about $255,000.

First Trust Core Investment Grade ETF Stock Performance

NYSEARCA:FTCB opened at $21.05 on Friday. The company’s 50-day simple moving average is $20.67 and its 200-day simple moving average is $21.03. First Trust Core Investment Grade ETF has a fifty-two week low of $20.25 and a fifty-two 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.