RFG Advisory LLC Sells 72,884 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

RFG Advisory LLC reduced its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 38.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,714 shares of the company’s stock after selling 72,884 shares during the quarter. RFG Advisory LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $5,046,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Morgan Stanley grew its position in First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the 4th quarter. Morgan Stanley now owns 8,859,149 shares of the company’s stock worth $392,638,000 after purchasing an additional 208,089 shares during the last quarter. LPL Financial LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 9.5% during the fourth quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock valued at $313,643,000 after buying an additional 612,706 shares during the last quarter. Wells Fargo & Company MN lifted its stake 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 stake 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. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after buying an additional 1,454,463 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $42.58 on Thursday. The stock’s 50-day moving average price is $43.03 and its 200 day moving average price is $43.53. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $41.95 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

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