First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Raises Dividend to $0.16 Per Share

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.155 per share on Monday, September 30th. This represents a $1.86 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, September 26th. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD stock remained flat at $45.22 during trading hours on Thursday. 818,753 shares of the stock traded hands, compared to its average volume of 728,646. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $40.86 and a 1 year high of $46.38. The stock has a 50-day moving average price of $44.81 and a two-hundred day moving average price of $43.69.

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.