D.A. Davidson & CO. Lowers Stock Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

D.A. Davidson & CO. reduced its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 18.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,611 shares of the company’s stock after selling 11,039 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $2,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of FIXD. Geneos Wealth Management Inc. raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 189.1% in the first quarter. Geneos Wealth Management Inc. now owns 529,811 shares of the company’s stock valued at $23,227,000 after purchasing an additional 346,569 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth approximately $4,636,000. GDS Wealth Management raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.9% during the first quarter. GDS Wealth Management now owns 436,011 shares of the company’s stock worth $19,115,000 after acquiring an additional 49,655 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 65.5% during the first quarter. Kingsview Wealth Management LLC now owns 123,064 shares of the company’s stock worth $5,395,000 after acquiring an additional 48,699 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth approximately $1,420,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD stock opened at $44.83 on Monday. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $39.42 and a one year high of $44.99. The company’s 50 day moving average price is $44.43 and its two-hundred day moving average price is $43.82.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid a dividend of $0.19 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, October 21st.

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.