American Financial Advisors LLC Sells 335,090 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

American Financial Advisors LLC cut its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 48.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 362,339 shares of the company’s stock after selling 335,090 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF makes up approximately 2.2% of American Financial Advisors LLC’s investment portfolio, making the stock its 16th largest holding. American Financial Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $15,599,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. LVZ Inc. grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.0% in the second quarter. LVZ Inc. now owns 1,286,666 shares of the company’s stock valued at $55,391,000 after purchasing an additional 24,951 shares during the last quarter. Cedrus LLC grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 23.7% in the 2nd quarter. Cedrus LLC now owns 242,705 shares of the company’s stock valued at $10,448,000 after buying an additional 46,434 shares during the last quarter. &PARTNERS increased its position in First Trust TCW Opportunistic Fixed Income ETF by 1,140.7% in the 2nd quarter. &PARTNERS now owns 197,711 shares of the company’s stock worth $8,511,000 after buying an additional 181,775 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.5% during the second quarter. Geneos Wealth Management Inc. now owns 150,007 shares of the company’s stock worth $6,458,000 after buying an additional 11,735 shares during the last quarter. Finally, NewSquare Capital LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 15.8% in the second quarter. NewSquare Capital LLC now owns 21,820 shares of the company’s stock valued at $939,000 after acquiring an additional 2,975 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.4 %

FIXD stock traded up $0.20 on Friday, reaching $44.99. 352,665 shares of the company were exchanged, compared to its average volume of 734,793. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $40.86 and a 12 month high of $46.07. The stock’s fifty day moving average price is $43.95 and its 200 day moving average price is $43.42.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 9th. Shareholders of record on Friday, August 30th will be given a $0.055 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.66 annualized dividend and a yield of 1.47%.

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.