Larson Financial Group LLC cut its equity position in the First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Get Rating) by 55.2% in the fourth quarter, according to its latest disclosure to the Securities and Exchange Commission. The institutional investor owned 258,683 shares in the company after selling his 318,521 shares during the period. The First Trust TCW Opportunistic Fixed Income ETF is the 18th largest position at 1.4% of Larson Financial Group LLC’s portfolio. Larson Financial Group LLC owned approximately 0.34% of the First Trust TCW Opportunistic Fixed Income ETF worth $11,361,000 at the end of the most recent reporting period.
Several other hedge funds have also recently changed their holdings in the company. Inspiration Wealth Advisors LLC increased his stake in the First Trust TCW Opportunistic Fixed Income ETF by 1.0% in the third quarter. Inspirion Wealth Advisors LLC now owns 27,689 of his shares worth $1,206,000 after purchasing an additional 261 of his shares last quarter. First Horizon Advisors Inc. increased its First Trust TCW Opportunistic Fixed Income ETF shares by 0.8% in the third quarter. First Horizon Advisors Inc. now owns 32,338 shares of the company worth $1,407,000 after purchasing an additional 270 shares last quarter. Pinnacle Bancorp Inc. increased its stake in the First Trust TCW Opportunistic Fixed Income ETF by 34.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,300 of his shares worth $57,000 after purchasing an additional 330 of his shares last quarter. PNC Financial Services Group Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 14.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,734 shares worth $135,000 after purchasing an additional 346 shares last quarter. Finally, Foundations Investment Advisors LLC increased its stake in the First Trust TCW Opportunistic Fixed Income ETF by 7.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 6,040 shares of the company, valued at $265,000, after purchasing an additional 424 shares during the previous quarter.
First Trust TCW Opportunistic Fixed Income ETF Price Performance
FIXD shares fell $0.20 in intraday trading on Friday to reach $44.81. His 100,461 shares of the company traded, with an average turnover of 653,736 shares for him. The First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $41.85 and a 1-year high of $48.08. His 50-day moving average for this business is $45.08 and his 200-day moving average is $44.91.
First Trust TCW Opportunistic Fixed Income ETF Dividend Cut
The company also recently disclosed a monthly dividend paid on Friday, March 31. Shareholders of record on Monday, March 27 were paid a dividend of $0.125. The ex-dividend date for this dividend was Friday, March 24. This represents his $1.50 dividend and his 3.35% yield on an annual basis.
About First Trust TCW Opportunistic Fixed Income ETF
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First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund based on the Bloomberg Global Aggregate Bond Index. The fund is an actively managed broad base broad maturity bond fund that targets the weighted average duration of the Bloomberg U.S. Composite Index within his one year.
References
Want to know which other hedge funds hold FIXD? Visit HoldingsChannel.com to get the latest 13F filings and insider trading of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Get Rating).
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