ERn Financial LLC Sells 9,222 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

ERn Financial LLC cut its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 159,026 shares of the company’s stock after selling 9,222 shares during the period. First Trust TCW Opportunistic Fixed Income ETF comprises approximately 1.3% of ERn Financial LLC’s portfolio, making the stock its 25th largest holding. ERn Financial LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $6,992,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 23.6% during the third quarter. LPL Financial LLC now owns 7,304,597 shares of the company’s stock valued at $307,195,000 after acquiring an additional 1,393,129 shares during the last quarter. UBS Group AG raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 46.4% during 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 last quarter. Stephens Inc. AR bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at about $50,619,000. Bank of New York Mellon Corp raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 202.0% during the third quarter. Bank of New York Mellon Corp now owns 1,415,455 shares of the company’s stock valued at $59,527,000 after acquiring an additional 946,759 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 27.5% during the second quarter. Wells Fargo & Company MN now owns 4,003,499 shares of the company’s stock valued at $176,835,000 after acquiring an additional 862,821 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of NASDAQ FIXD traded down $0.01 during midday trading on Friday, hitting $43.60. 764,823 shares of the company traded hands, compared to its average volume of 833,925. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.86 and a 12-month high of $45.70. The stock has a 50-day moving average price of $43.72 and a 200 day moving average price of $43.17.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend was Thursday, March 21st.

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.