Darwin Wealth Management LLC Sells 533,175 Shares of First Trust TCW Securitized Plus ETF (NYSEARCA:DEED)

Darwin Wealth Management LLC lessened its holdings in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) by 96.7% during the second quarter, HoldingsChannel.com reports. The firm owned 18,019 shares of the company’s stock after selling 533,175 shares during the period. Darwin Wealth Management LLC’s holdings in First Trust TCW Securitized Plus ETF were worth $372,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Chicago Partners Investment Group LLC lifted its position in shares of First Trust TCW Securitized Plus ETF by 0.9% in the fourth quarter. Chicago Partners Investment Group LLC now owns 57,398 shares of the company’s stock worth $1,184,000 after purchasing an additional 517 shares in the last quarter. Scarborough Advisors LLC acquired a new position in First Trust TCW Securitized Plus ETF during the fourth quarter worth $27,000. Blackhawk Capital Partners LLC. increased its holdings in First Trust TCW Securitized Plus ETF by 2.0% during the second quarter. Blackhawk Capital Partners LLC. now owns 117,007 shares of the company’s stock worth $2,414,000 after buying an additional 2,336 shares during the last quarter. ICA Group Wealth Management LLC acquired a new position in First Trust TCW Securitized Plus ETF during the fourth quarter worth $84,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in First Trust TCW Securitized Plus ETF during the second quarter worth $238,000.

First Trust TCW Securitized Plus ETF Stock Performance

Shares of DEED opened at $21.85 on Friday. First Trust TCW Securitized Plus ETF has a 1-year low of $19.28 and a 1-year high of $21.96. The company’s fifty day simple moving average is $21.25 and its 200 day simple moving average is $20.79.

About First Trust TCW Securitized Plus ETF

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.