IFP Advisors Inc Purchases 21,291 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

IFP Advisors Inc raised its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 10.5% in the fourth quarter, Holdings Channel reports. The fund owned 224,608 shares of the company’s stock after purchasing an additional 21,291 shares during the quarter. IFP Advisors Inc’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $9,651,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Kestra Investment Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth about $51,000. Icon Wealth Advisors LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth about $112,000. Oregon Pacific Wealth Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth about $201,000. J.W. Cole Advisors Inc. lifted 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 worth $223,000 after acquiring an additional 555 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 6.1% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock valued at $249,000 after buying an additional 318 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.2 %

Shares of NASDAQ FIXD opened at $43.35 on Monday. The company has a 50 day simple moving average of $43.01 and a 200 day simple moving average of $43.95. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $39.42 and a 1 year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15.

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.