D.A. Davidson & CO. Sells 11,039 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

D.A. Davidson & CO. lowered its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 18.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,611 shares of the company’s stock after selling 11,039 shares during the quarter. D.A. Davidson & CO. owned approximately 0.06% of First Trust TCW Opportunistic Fixed Income ETF worth $2,090,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Truist Financial Corp grew its position in First Trust TCW Opportunistic Fixed Income ETF by 2.2% during the second quarter. Truist Financial Corp now owns 1,262,572 shares of the company’s stock valued at $55,414,000 after buying an additional 27,438 shares during the period. HighTower Advisors LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 3.0% during the first quarter. HighTower Advisors LLC now owns 843,299 shares of the company’s stock worth $36,970,000 after purchasing an additional 24,180 shares during the period. Atria Investments Inc boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 0.4% during the first quarter. Atria Investments Inc now owns 586,431 shares of the company’s stock worth $25,709,000 after purchasing an additional 2,209 shares during the period. Drake & Associates LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 1.9% during the second quarter. Drake & Associates LLC now owns 575,034 shares of the company’s stock worth $25,238,000 after purchasing an additional 10,663 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position 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 purchasing an additional 346,569 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.1%

Shares of NASDAQ:FIXD opened at $44.83 on Monday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $39.42 and a twelve month high of $44.99. The company has a 50-day moving average price of $44.43 and a two-hundred day moving average price of $43.82.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a dividend of $0.19 per share. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Tuesday, October 21st.

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.