Opes Wealth Management LLC Raises Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Opes Wealth Management LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 4.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 170,725 shares of the company’s stock after purchasing an additional 7,770 shares during the period. First Trust TCW Opportunistic Fixed Income ETF makes up 1.8% of Opes Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. Opes Wealth Management LLC owned about 0.15% of First Trust TCW Opportunistic Fixed Income ETF worth $7,615,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Archer Investment Corp grew its position in First Trust TCW Opportunistic Fixed Income ETF by 1.2% during the 4th quarter. Archer Investment Corp now owns 82,817 shares of the company’s stock worth $3,694,000 after purchasing an additional 995 shares during the last quarter. Allen Capital Group LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 15.1% during the 4th quarter. Allen Capital Group LLC now owns 1,073,912 shares of the company’s stock worth $47,902,000 after purchasing an additional 140,714 shares during the last quarter. Bison Wealth LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth $2,271,000. Drake & Associates LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.2% in the 4th quarter. Drake & Associates LLC now owns 425,152 shares of the company’s stock worth $18,964,000 after acquiring an additional 9,267 shares during the period. Finally, Simplicity Wealth LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 11.9% in the 4th quarter. Simplicity Wealth LLC now owns 6,712 shares of the company’s stock worth $299,000 after acquiring an additional 715 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3 %

Shares of FIXD stock traded down $0.14 during mid-day trading on Thursday, hitting $42.26. The stock had a trading volume of 825,629 shares, compared to its average volume of 851,015. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $40.86 and a fifty-two week high of $45.60. The company’s 50-day simple moving average is $43.40 and its 200-day simple moving average is $43.19.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend was Thursday, March 21st.

About First Trust TCW Opportunistic Fixed Income ETF

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.