Geneos Wealth Management Inc. Grows Stock Holdings in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Geneos Wealth Management Inc. lifted its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 51.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 856,734 shares of the company’s stock after purchasing an additional 291,705 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF comprises approximately 0.9% of Geneos Wealth Management Inc.’s holdings, making the stock its 13th largest position. Geneos Wealth Management Inc. owned 1.11% of First Trust TCW Opportunistic Fixed Income ETF worth $37,345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIXD. First Trust Advisors LP boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 5.2% in the second quarter. First Trust Advisors LP now owns 135,379 shares of the company’s stock worth $5,942,000 after acquiring an additional 6,676 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 805.7% in the second quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock worth $215,000 after acquiring an additional 4,359 shares during the last quarter. Betterment LLC increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% during the second quarter. Betterment LLC now owns 74,432 shares of the company’s stock valued at $3,267,000 after acquiring an additional 2,468 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at $3,387,000. Finally, Ausdal Financial Partners Inc. raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 22.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 28,559 shares of the company’s stock worth $1,253,000 after purchasing an additional 5,307 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.2%

Shares of First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.38 on Thursday. The firm’s 50-day moving average is $43.53 and its 200 day moving average is $43.94. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $42.51 and a 1 year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) annualized dividend and a yield of 4.6%.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.