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

PFG Advisors decreased its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 25.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,589 shares of the company’s stock after selling 13,240 shares during the period. PFG Advisors owned about 0.05% of First Trust TCW Opportunistic Fixed Income ETF worth $1,759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Founders Financial Alliance LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 309.9% during the third quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock worth $29,000 after purchasing an additional 499 shares during the period. Richardson Capital Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at about $37,000. JPMorgan Chase & Co. boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after buying an additional 265 shares during the period. Jones Financial Companies Lllp lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 2,695.3% in the third quarter. Jones Financial Companies Lllp now owns 3,550 shares of the company’s stock worth $157,000 after acquiring an additional 3,423 shares during the last quarter. Finally, Moneywise Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth $203,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3%

NASDAQ:FIXD opened at $44.30 on Wednesday. The stock has a 50-day simple moving average of $44.44 and a 200-day simple moving average of $44.47. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $41.16 and a 1 year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

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