First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Shares Sold by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co lowered its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 18.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 997,448 shares of the company’s stock after selling 231,079 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF makes up approximately 2.6% of Pine Valley Investments Ltd Liability Co’s holdings, making the stock its 2nd biggest holding. Pine Valley Investments Ltd Liability Co owned about 0.98% of First Trust TCW Opportunistic Fixed Income ETF worth $42,860,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in FIXD. LPL Financial LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after buying an additional 615,776 shares during the period. Signature Estate & Investment Advisors LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 7,787,804 shares of the company’s stock worth $352,320,000 after purchasing an additional 257,223 shares during the period. Allen Capital Group LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 6.7% in the fourth quarter. Allen Capital Group LLC now owns 1,338,620 shares of the company’s stock worth $57,520,000 after purchasing an additional 84,052 shares during the period. Truist Financial Corp raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 37.1% during the 4th quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock worth $56,985,000 after purchasing an additional 358,868 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 170.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 993,616 shares of the company’s stock valued at $44,951,000 after purchasing an additional 626,542 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.2 %

Shares of NASDAQ:FIXD opened at $43.42 on Tuesday. The company has a 50 day moving average of $43.01 and a 200-day moving average of $43.95. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $39.42 and a one year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a $0.155 dividend. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. This represents a $1.86 annualized dividend and a dividend yield of 4.28%. The ex-dividend date of this dividend is Friday, February 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.