Cerity Partners LLC Lowers Stock Position in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED)

Cerity Partners LLC lowered its position in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) by 27.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,675 shares of the company’s stock after selling 8,108 shares during the period. Cerity Partners LLC’s holdings in First Trust TCW Securitized Plus ETF were worth $460,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Altfest L J & Co. Inc. raised its holdings in shares of First Trust TCW Securitized Plus ETF by 7.4% in the third quarter. Altfest L J & Co. Inc. now owns 57,195 shares of the company’s stock valued at $1,142,000 after purchasing an additional 3,920 shares during the last quarter. Elevated Capital Advisors LLC raised its holdings in shares of First Trust TCW Securitized Plus ETF by 8.9% in the fourth quarter. Elevated Capital Advisors LLC now owns 88,004 shares of the company’s stock valued at $1,867,000 after purchasing an additional 7,198 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of First Trust TCW Securitized Plus ETF in the fourth quarter valued at about $210,000. Advisor Resource Council raised its holdings in shares of First Trust TCW Securitized Plus ETF by 29.5% in the third quarter. Advisor Resource Council now owns 51,797 shares of the company’s stock valued at $1,035,000 after purchasing an additional 11,806 shares during the last quarter. Finally, GDS Wealth Management raised its holdings in shares of First Trust TCW Securitized Plus ETF by 12.4% in the third quarter. GDS Wealth Management now owns 447,078 shares of the company’s stock valued at $8,930,000 after purchasing an additional 49,355 shares during the last quarter.

First Trust TCW Securitized Plus ETF Stock Performance

NYSEARCA DEED opened at $19.92 on Friday. First Trust TCW Securitized Plus ETF has a 52-week low of $19.28 and a 52-week high of $21.96. The company has a 50-day simple moving average of $20.50 and a 200 day simple moving average of $20.48.

First Trust TCW Securitized Plus ETF Profile

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.