Eldridge Investment Advisors Inc. Cuts Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Eldridge Investment Advisors Inc. reduced its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 46.6% during the fourth quarter, HoldingsChannel reports. The fund owned 104,080 shares of the company’s stock after selling 90,734 shares during the period. First Trust TCW Opportunistic Fixed Income ETF comprises approximately 1.2% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 21st largest position. Eldridge Investment Advisors Inc.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $4,642,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Benjamin Edwards Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.6% during the fourth quarter. Benjamin Edwards Inc. now owns 11,086 shares of the company’s stock valued at $494,000 after buying an additional 490 shares during the last quarter. First Horizon Advisors Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 38,874.4% during the fourth quarter. First Horizon Advisors Inc. now owns 95,877 shares of the company’s stock valued at $4,277,000 after buying an additional 95,631 shares during the last quarter. Triumph Capital Management boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 15.5% during the fourth quarter. Triumph Capital Management now owns 161,710 shares of the company’s stock valued at $7,213,000 after buying an additional 21,745 shares during the last quarter. Andina Capital Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter valued at $7,876,000. Finally, Mach 1 Financial Group LLC lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 63.4% in the fourth quarter. Mach 1 Financial Group LLC now owns 366,353 shares of the company’s stock valued at $16,341,000 after acquiring an additional 142,188 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.5 %

FIXD stock traded up $0.23 during trading on Thursday, reaching $42.46. The stock had a trading volume of 902,948 shares, compared to its average volume of 825,874. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $40.86 and a 52 week high of $45.60. The stock’s 50 day moving average is $43.13 and its two-hundred day moving average is $43.23.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

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

About First Trust TCW Opportunistic Fixed Income ETF

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.