IFP Advisors Inc Sells 37,393 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

IFP Advisors Inc decreased its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 18.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 169,238 shares of the company’s stock after selling 37,393 shares during the quarter. IFP Advisors Inc owned approximately 0.22% of First Trust TCW Opportunistic Fixed Income ETF worth $7,380,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% during the 2nd quarter. Baird Financial Group Inc. now owns 602,672 shares of the company’s stock valued at $26,283,000 after purchasing an additional 64,335 shares during the period. Allworth Financial LP lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.6% in the 2nd quarter. Allworth Financial LP now owns 4,805 shares of the company’s stock worth $210,000 after purchasing an additional 380 shares during the period. Citadel Advisors LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 742.9% in the second quarter. Citadel Advisors LLC now owns 485,591 shares of the company’s stock worth $21,177,000 after buying an additional 427,984 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 75.4% in the second quarter. Ameritas Advisory Services LLC now owns 76,856 shares of the company’s stock worth $3,352,000 after buying an additional 33,037 shares during the last quarter. Finally, Asset Allocation Strategies LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 30.7% during the second quarter. Asset Allocation Strategies LLC now owns 8,867 shares of the company’s stock valued at $387,000 after buying an additional 2,081 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3%

Shares of FIXD stock opened at $42.58 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.95 and a 12 month high of $45.15. The company has a 50 day simple moving average of $43.03 and a two-hundred day simple moving average of $43.53.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

About First Trust TCW Opportunistic Fixed Income ETF

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.