PFG Advisors Trims Stock Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

PFG Advisors lessened its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 25.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 39,589 shares of the company’s stock after selling 13,240 shares during the period. PFG Advisors’ holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $1,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in FIXD. Ameriprise Financial Inc. increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after purchasing an additional 1,454,463 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,270,157 shares of the company’s stock valued at $100,840,000 after purchasing an additional 108,814 shares during the period. Truist Financial Corp boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.5% in the 3rd quarter. Truist Financial Corp now owns 1,281,747 shares of the company’s stock valued at $56,935,000 after purchasing an additional 19,175 shares during the period. HighTower Advisors LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 844,686 shares of the company’s stock worth $37,521,000 after buying an additional 2,811 shares during the last quarter. Finally, Commonwealth Financial Services LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 1.2% during the 3rd quarter. Commonwealth Financial Services LLC now owns 715,827 shares of the company’s stock worth $31,797,000 after buying an additional 8,421 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3%

FIXD opened at $44.30 on Wednesday. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $41.16 and a 52 week high of $45.15. The business’s 50 day moving average is $44.44 and its two-hundred day moving average is $44.47.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.165 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, February 20th.

First Trust TCW Opportunistic Fixed Income ETF Profile

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.