PFG Advisors Reduces Holdings in First Trust TCW Opportunistic Fixed Income ETF $FIXD

PFG Advisors trimmed its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 45.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,698 shares of the company’s stock after selling 17,891 shares during the period. PFG Advisors’ holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $962,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Ameriprise Financial Inc. grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 105.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock valued at $124,105,000 after buying an additional 1,454,463 shares during the last quarter. Envestnet Asset Management Inc. grew 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 buying an additional 108,814 shares during the last quarter. Truist Financial Corp grew 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 buying an additional 19,175 shares during the last quarter. HighTower Advisors LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 844,686 shares of the company’s stock valued at $37,521,000 after buying an additional 2,811 shares during the last quarter. Finally, Commonwealth Financial Services LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.2% in the 3rd quarter. Commonwealth Financial Services LLC now owns 715,827 shares of the company’s stock valued at $31,797,000 after buying an additional 8,421 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.2%

NASDAQ FIXD opened at $43.76 on Friday. The firm’s fifty day moving average price is $44.10 and its 200 day moving average price is $44.34. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.16 and a 12 month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 21st will be given a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, April 21st.

First Trust TCW Opportunistic Fixed Income ETF Company 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.