First Trust TCW Opportunistic Fixed Income ETF $FIXD Position Reduced by NewEdge Advisors LLC

NewEdge Advisors LLC decreased its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 6.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 728,542 shares of the company’s stock after selling 49,407 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF accounts for 0.6% of NewEdge Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. NewEdge Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $31,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 8,859,149 shares of the company’s stock valued at $392,638,000 after purchasing an additional 208,089 shares in the last quarter. LPL Financial LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock worth $313,643,000 after buying an additional 612,706 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,930,860 shares of the company’s stock valued at $262,856,000 after buying an additional 241,881 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.4% in the fourth quarter. Raymond James Financial Inc. now owns 2,896,834 shares of the company’s stock valued at $128,388,000 after buying an additional 174,165 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 105.9% in the second 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 period.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.5%

Shares of FIXD stock opened at $42.84 on Thursday. The stock has a 50-day simple moving average of $43.45 and a 200 day simple moving average of $43.85. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $42.51 and a fifty-two week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, July 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.