LeClair Wealth Partners Dumps FIXD, Shifts Bond Strategy

LeClair Wealth Partners, a significant investor, sold off its entire position in the First Trust Smith Opportunistic Fixed Income ETF, FIXD, worth $17.64 million. This move, according to an SEC filing, comes amidst the ETFs flat price over the past year and could signal caution in bond ETFs. LeClair has shifted focus to other investments, such as PULS and JCPB. The market has yet to react, but this move may indicate broader shifts in fixed income strategies. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e705f375e60b17c2

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