BlackDiamond Wealth Management LLC Lowers Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

BlackDiamond Wealth Management LLC lowered its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 6.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,614 shares of the company’s stock after selling 415 shares during the period. BlackDiamond Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $241,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after buying an additional 615,776 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at $158,285,000. Allen Capital Group LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.7% during the 4th quarter. Allen Capital Group LLC now owns 1,338,620 shares of the company’s stock valued at $57,520,000 after purchasing an additional 84,052 shares during the last quarter. Truist Financial Corp grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 37.1% during the 4th quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock valued at $56,985,000 after purchasing an additional 358,868 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,048,899 shares of the company’s stock valued at $45,071,000 after purchasing an additional 22,347 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.1 %

FIXD stock opened at $43.71 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 firm’s fifty day moving average is $43.27 and its 200 day moving average is $43.83.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date was Friday, February 21st. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15.

First Trust TCW Opportunistic Fixed Income ETF 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.