First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Position Decreased by LVZ Inc.

LVZ Inc. trimmed its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 99.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,891 shares of the company’s stock after selling 1,273,080 shares during the quarter. LVZ Inc.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $468,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kestra Investment Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth about $51,000. Icon Wealth Advisors LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $112,000. SBI Securities Co. Ltd. bought a new stake in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at $129,000. Oregon Pacific Wealth Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $201,000. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock valued at $223,000 after buying an additional 555 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD stock opened at $43.99 on Wednesday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $39.42 and a twelve month high of $46.80. The business has a fifty day moving average of $43.12 and a 200-day moving average of $43.90.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.155 per share. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.86 annualized dividend and a yield of 4.23%.

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.