Cottonwood Capital Advisors LLC Trims Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Cottonwood Capital Advisors LLC decreased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 15.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,154 shares of the company’s stock after selling 2,462 shares during the quarter. Cottonwood Capital Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $565,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the third quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after purchasing an additional 615,776 shares during the period. Signature Estate & Investment Advisors LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 7,787,804 shares of the company’s stock valued at $352,320,000 after purchasing an additional 257,223 shares during the period. Allen Capital Group LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 4.6% in the third quarter. Allen Capital Group LLC now owns 1,254,568 shares of the company’s stock valued at $56,757,000 after purchasing an additional 55,380 shares during the period. Commonwealth Equity Services LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 2.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,026,552 shares of the company’s stock valued at $46,441,000 after purchasing an additional 25,256 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in First Trust TCW Opportunistic Fixed Income ETF by 170.7% in the third quarter. Thrivent Financial for Lutherans now owns 993,616 shares of the company’s stock valued at $44,951,000 after purchasing an additional 626,542 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ:FIXD opened at $42.85 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $39.42 and a 52 week high of $46.80. The stock’s fifty day moving average is $43.25 and its two-hundred day moving average is $44.05.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a $0.155 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.