IFP Advisors Inc Lowers Stock Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

IFP Advisors Inc reduced its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 18.1% during the second quarter, Holdings Channel reports. The institutional investor owned 169,238 shares of the company’s stock after selling 37,393 shares during the period. IFP Advisors Inc’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $7,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Merkkuri Wealth Advisors LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth approximately $35,000. JPMorgan Chase & Co. raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after purchasing an additional 265 shares during the period. NI Acquisitions Company LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter valued at $66,000. Coppell Advisory Solutions LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter valued at $122,000. Finally, IFC & Insurance Marketing Inc. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at $143,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3%

Shares of First Trust TCW Opportunistic Fixed Income ETF stock opened at $42.58 on Thursday. The company has a fifty day moving average of $43.03 and a 200 day moving average of $43.53. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $41.95 and a fifty-two week high of $45.15.

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 $0.165 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, August 21st.

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.