Pine Valley Investments Ltd Liability Co Has $42.86 Million Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Pine Valley Investments Ltd Liability Co cut its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 18.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 997,448 shares of the company’s stock after selling 231,079 shares during the period. First Trust TCW Opportunistic Fixed Income ETF comprises about 2.6% of Pine Valley Investments Ltd Liability Co’s portfolio, making the stock its 2nd largest position. Pine Valley Investments Ltd Liability Co’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $42,860,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 170.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 993,616 shares of the company’s stock valued at $44,951,000 after acquiring an additional 626,542 shares in the last quarter. LPL Financial LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after purchasing an additional 615,776 shares during the period. Elios Financial Group Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at about $17,935,000. Truist Financial Corp boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 37.1% during the fourth quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock worth $56,985,000 after buying an additional 358,868 shares during the period. Finally, Signature Estate & Investment Advisors LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% during the third quarter. Signature Estate & Investment Advisors LLC now owns 7,787,804 shares of the company’s stock worth $352,320,000 after buying an additional 257,223 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ FIXD opened at $43.42 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $39.42 and a 52 week high of $46.80. The stock’s 50 day moving average price is $43.01 and its two-hundred day moving average price is $43.95.

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. Stockholders of record on Friday, February 21st will be given a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date 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.