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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) declared a monthly dividend on Wednesday, May 20th, NASDAQ Dividends reports. Investors of record on Thursday, May 21st will be paid a dividend of 0.165 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, May 21st.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD traded down $0.09 on Thursday, reaching $43.26. The company had a trading volume of 338,218 shares, compared to its average volume of 419,860. The company has a fifty day moving average of $43.73 and a 200-day moving average of $44.19. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $42.51 and a one year high of $45.15.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BAM Wealth Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth $514,000. Alpha Financial Advisors LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.9% during the 4th quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock worth $17,051,000 after acquiring an additional 31,524 shares in the last quarter. Merit Financial Group LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth $826,000. Farther Finance Advisors LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 87.3% in the fourth quarter. Farther Finance Advisors LLC now owns 106,490 shares of the company’s stock worth $4,720,000 after buying an additional 49,623 shares during the period. Finally, CWM LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.6% in the fourth quarter. CWM LLC now owns 92,702 shares of the company’s stock worth $4,109,000 after buying an additional 13,212 shares during the period.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.