Eldridge Investment Advisors Inc. Sells 90,734 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Eldridge Investment Advisors Inc. trimmed its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 46.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,080 shares of the company’s stock after selling 90,734 shares during the period. First Trust TCW Opportunistic Fixed Income ETF makes up 1.2% of Eldridge Investment Advisors Inc.’s portfolio, making the stock its 21st biggest holding. Eldridge Investment Advisors Inc. owned approximately 0.09% of First Trust TCW Opportunistic Fixed Income ETF worth $4,642,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIXD. LPL Financial LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 23.6% during the 3rd quarter. LPL Financial LLC now owns 7,304,597 shares of the company’s stock valued at $307,195,000 after purchasing an additional 1,393,129 shares during the period. UBS Group AG boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 46.4% in the third quarter. UBS Group AG now owns 3,650,541 shares of the company’s stock valued at $153,524,000 after acquiring an additional 1,157,727 shares during the period. Bank of New York Mellon Corp grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 202.0% in the third quarter. Bank of New York Mellon Corp now owns 1,415,455 shares of the company’s stock worth $59,527,000 after acquiring an additional 946,759 shares during the last quarter. Morgan Stanley grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.6% in the third quarter. Morgan Stanley now owns 9,647,084 shares of the company’s stock worth $405,708,000 after acquiring an additional 682,697 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth $15,194,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD traded up $0.23 during trading hours on Thursday, hitting $42.46. 902,948 shares of the company traded hands, compared to its average volume of 825,874. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $40.86 and a twelve month high of $45.60. The firm has a 50-day moving average of $43.13 and a 200 day moving average of $43.23.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th were given a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $1.86 annualized dividend and a yield of 4.38%.

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.