American Financial Advisors LLC Decreases Stock Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

American Financial Advisors LLC lessened its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 48.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 362,339 shares of the company’s stock after selling 335,090 shares during the period. First Trust TCW Opportunistic Fixed Income ETF comprises approximately 2.2% of American Financial Advisors LLC’s holdings, making the stock its 16th biggest holding. American Financial Advisors LLC owned about 0.32% of First Trust TCW Opportunistic Fixed Income ETF worth $15,599,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FIXD. Creekmur Asset Management LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth approximately $49,000. Palisade Asset Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth $73,000. Scarborough Advisors LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth $134,000. Freestone Capital Holdings LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter worth $201,000. Finally, WMG Financial Advisors LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $204,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.4 %

Shares of First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.20 during trading hours on Friday, hitting $44.99. 352,665 shares of the company’s stock traded hands, compared to its average volume of 734,793. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $40.86 and a twelve month high of $46.07. The stock has a 50 day simple moving average of $43.95 and a 200-day simple moving average of $43.42.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 9th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.66 dividend on an annualized basis 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.