First Trust TCW Opportunistic Fixed Income ETF $FIXD Shares Newly Purchased by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) in the third quarter, HoldingsChannel reports. The institutional investor purchased 21,569 shares of the company’s stock, valued at approximately $890,000.

Several other hedge funds also recently made changes to their positions in FIXD. Envestnet Asset Management Inc. boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,317,649 shares of the company’s stock valued at $101,073,000 after purchasing an additional 56,459 shares in the last quarter. Royal Bank of Canada boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 7.1% in the 1st quarter. Royal Bank of Canada now owns 1,537,064 shares of the company’s stock worth $67,000,000 after purchasing an additional 102,253 shares during the period. NewEdge Advisors LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 25.3% in the 2nd quarter. NewEdge Advisors LLC now owns 1,073,904 shares of the company’s stock valued at $46,833,000 after purchasing an additional 216,559 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 51.6% during the first quarter. Geneos Wealth Management Inc. now owns 856,734 shares of the company’s stock worth $37,345,000 after purchasing an additional 291,705 shares during the last quarter. Finally, Park National Corp OH purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at $30,519,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD traded up $0.03 during midday trading on Tuesday, hitting $41.68. 406,538 shares of the company’s stock traded hands, compared to its average volume of 426,439. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $38.56 and a 1 year high of $45.15. The firm’s fifty day moving average is $42.24 and its 200-day moving average is $43.06.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1650 per share. This represents a $1.98 annualized dividend and a yield of 4.8%. The ex-dividend date was Thursday, September 24th.

First Trust TCW Opportunistic Fixed Income ETF Company 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.