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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) declared a monthly dividend on Tuesday, January 20th. Investors of record on Wednesday, January 21st will be paid a dividend of 0.165 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, January 21st.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ FIXD opened at $44.21 on Wednesday. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.16 and a 12 month high of $45.15. The company’s 50 day moving average is $44.41 and its two-hundred day moving average is $44.28.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the third quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after acquiring an additional 265 shares during the period. ABLE Financial Group LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.4% in the third quarter. ABLE Financial Group LLC now owns 7,575 shares of the company’s stock worth $336,000 after acquiring an additional 319 shares during the period. GeoWealth Management LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.4% during the third quarter. GeoWealth Management LLC now owns 6,352 shares of the company’s stock worth $282,000 after purchasing an additional 323 shares in the last quarter. Advisory Alpha LLC raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 1.7% during the 3rd quarter. Advisory Alpha LLC now owns 20,394 shares of the company’s stock valued at $910,000 after purchasing an additional 341 shares during the period. Finally, RDA Financial Network lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 0.7% in the 3rd quarter. RDA Financial Network now owns 52,210 shares of the company’s stock worth $2,319,000 after purchasing an additional 346 shares in the last quarter.

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.