First Trust TCW Opportunistic Fixed Income ETF $FIXD Shares Sold by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. reduced its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 16.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 62,129 shares of the company’s stock after selling 12,427 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF comprises about 0.4% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 20th biggest position. Cannon Financial Strategists Inc. owned 0.08% of First Trust TCW Opportunistic Fixed Income ETF worth $2,727,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 189.1% during the first quarter. Geneos Wealth Management Inc. now owns 529,811 shares of the company’s stock worth $23,227,000 after acquiring an additional 346,569 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,161,343 shares of the company’s stock valued at $94,861,000 after purchasing an additional 113,256 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth about $4,636,000. LeClair Wealth Partners LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 13.3% during the 2nd 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 in the last quarter. Finally, GDS Wealth Management increased its position in First Trust TCW Opportunistic Fixed Income ETF by 12.9% during the 1st quarter. GDS Wealth Management now owns 436,011 shares of the company’s stock worth $19,115,000 after purchasing an additional 49,655 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.0%

Shares of FIXD stock opened at $44.53 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $39.42 and a fifty-two week high of $45.15. The firm’s 50 day moving average price is $44.57 and its two-hundred day moving average price is $43.91.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a c) dividend on an annualized basis 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.

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.