First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Plans $0.17 Monthly Dividend

by · The Markets Daily

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Get Free Report) announced a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be given a dividend of 0.165 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD stock traded down $0.16 during mid-day trading on Thursday, hitting $43.70. The company had a trading volume of 439,263 shares, compared to its average volume of 411,627. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $42.51 and a 12 month high of $45.15. The stock’s fifty day moving average price is $43.63 and its two-hundred day moving average price is $44.03.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of FIXD. Morgan Stanley raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the fourth quarter. Morgan Stanley now owns 8,859,149 shares of the company’s stock valued at $392,638,000 after buying an additional 208,089 shares during the period. LPL Financial LLC raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock valued at $313,643,000 after acquiring an additional 612,706 shares during the period. Wells Fargo & Company MN lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 4.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,930,860 shares of the company’s stock valued at $262,856,000 after purchasing an additional 241,881 shares during the last quarter. Raymond James Financial Inc. boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 6.4% during the fourth quarter. Raymond James Financial Inc. now owns 2,896,834 shares of the company’s stock worth $128,388,000 after purchasing an additional 174,165 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after purchasing an additional 1,454,463 shares during the period.

About First Trust TCW Opportunistic Fixed Income ETF

(Get Free Report)

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.

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