Geneos Wealth Management Inc. Reduces Position in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED)

Geneos Wealth Management Inc. trimmed its holdings in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) by 82.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,199 shares of the company’s stock after selling 10,332 shares during the quarter. Geneos Wealth Management Inc. owned approximately 0.06% of First Trust TCW Securitized Plus ETF worth $47,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DEED. Jane Street Group LLC bought a new position in First Trust TCW Securitized Plus ETF in the 4th quarter valued at $15,892,000. Raymond James & Associates bought a new position in shares of First Trust TCW Securitized Plus ETF in the fourth quarter worth about $2,601,000. Blackhawk Capital Partners LLC. purchased a new position in First Trust TCW Securitized Plus ETF in the 4th quarter worth about $2,459,000. Centaurus Financial Inc. bought a new stake in First Trust TCW Securitized Plus ETF during the 1st quarter valued at about $2,289,000. Finally, Susquehanna International Group LLP purchased a new stake in First Trust TCW Securitized Plus ETF in the 4th quarter valued at about $1,422,000.

First Trust TCW Securitized Plus ETF Stock Performance

Shares of DEED stock opened at $20.09 on Wednesday. The company’s 50-day simple moving average is $20.59 and its two-hundred day simple moving average is $20.48. First Trust TCW Securitized Plus ETF has a one year low of $19.28 and a one year high of $21.96.

First Trust TCW Securitized Plus ETF Company 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.