Geneos Wealth Management Inc. Boosts Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Geneos Wealth Management Inc. lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 189.1% during the first quarter, Holdings Channel reports. The institutional investor owned 529,811 shares of the company’s stock after purchasing an additional 346,569 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF comprises 0.6% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 28th biggest holding. Geneos Wealth Management Inc.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $23,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the business. Signature Wealth Management Group boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.6% in the first quarter. Signature Wealth Management Group now owns 43,141 shares of the company’s stock valued at $1,891,000 after buying an additional 237 shares in the last quarter. Bogart Wealth LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.8% in the first quarter. Bogart Wealth LLC now owns 3,170 shares of the company’s stock valued at $139,000 after buying an additional 359 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.6% in the first quarter. Farther Finance Advisors LLC now owns 75,656 shares of the company’s stock valued at $3,326,000 after buying an additional 441 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.3% in the first quarter. DAVENPORT & Co LLC now owns 5,978 shares of the company’s stock valued at $262,000 after buying an additional 458 shares in the last quarter. Finally, Family Capital Management Inc. boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.6% in the first quarter. Family Capital Management Inc. now owns 85,833 shares of the company’s stock valued at $3,763,000 after buying an additional 489 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.47 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $39.42 and a 1-year high of $46.80. The stock’s 50 day moving average price is $43.47 and its 200 day moving average price is $43.43.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 22nd will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, July 22nd. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.16. This represents a $1.98 annualized dividend and a yield of 4.55%.

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.