Elequin Capital LP Makes New $1.19 Million Investment in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Elequin Capital LP bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) in the 4th quarter, HoldingsChannel reports. The fund bought 27,646 shares of the company’s stock, valued at approximately $1,188,000. First Trust TCW Opportunistic Fixed Income ETF makes up 0.1% of Elequin Capital LP’s portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds have also recently made changes to their positions in FIXD. First Financial Group Corp purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $2,268,000. Axxcess Wealth Management LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 1.6% in the 4th quarter. Axxcess Wealth Management LLC now owns 604,876 shares of the company’s stock valued at $25,992,000 after buying an additional 9,448 shares during the last quarter. Triumph Capital Management boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the fourth quarter. Triumph Capital Management now owns 236,645 shares of the company’s stock valued at $10,169,000 after acquiring an additional 7,686 shares in the last quarter. FSB Premier Wealth Management Inc. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.2% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 181,185 shares of the company’s stock worth $7,786,000 after buying an additional 3,937 shares in the last quarter. Finally, Harvest Investment Services LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 10.4% in the fourth quarter. Harvest Investment Services LLC now owns 30,399 shares of the company’s stock worth $1,306,000 after acquiring an additional 2,870 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.1%

Shares of First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.18 on Wednesday. The company has a 50-day moving average of $43.50 and a two-hundred day moving average of $43.40. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $39.42 and a 12-month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were issued a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.31%. The ex-dividend date was Tuesday, April 22nd.

First Trust TCW Opportunistic Fixed Income ETF 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.