Northwestern Mutual Wealth Management Co. Reduces Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Northwestern Mutual Wealth Management Co. trimmed its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 0.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 164,783 shares of the company’s stock after selling 1,269 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.22% of First Trust TCW Opportunistic Fixed Income ETF worth $7,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FIXD. Rockefeller Capital Management L.P. boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 776.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 142,500 shares of the company’s stock valued at $6,254,000 after buying an additional 126,240 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,161,343 shares of the company’s stock valued at $94,861,000 after acquiring an additional 113,256 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth about $4,636,000. LeClair Wealth Partners LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 13.3% during the second quarter. LeClair Wealth Partners LLC now owns 513,808 shares of the company’s stock worth $22,551,000 after purchasing an additional 60,421 shares during the period. Finally, Prospera Financial Services Inc grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.3% in the second quarter. Prospera Financial Services Inc now owns 533,687 shares of the company’s stock worth $23,428,000 after purchasing an additional 58,267 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ:FIXD opened at $44.46 on Tuesday. The stock’s 50-day moving average is $44.58 and its 200 day moving average is $44.04. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $39.42 and a 1 year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a c) annualized dividend and a dividend yield of 5.1%.

First Trust TCW Opportunistic Fixed Income ETF Company 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.