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

Elequin Capital LP acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,646 shares of the company’s stock, valued at approximately $1,188,000. First Trust TCW Opportunistic Fixed Income ETF accounts for 0.1% of Elequin Capital LP’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth $158,285,000. Coppell Advisory Solutions LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 92.0% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,992,193 shares of the company’s stock worth $85,933,000 after purchasing an additional 954,342 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 32.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,716,682 shares of the company’s stock valued at $73,792,000 after purchasing an additional 419,858 shares in the last quarter. Allen Capital Group LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.7% during the 4th quarter. Allen Capital Group LLC now owns 1,338,620 shares of the company’s stock worth $57,520,000 after acquiring an additional 84,052 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 37.1% in the fourth quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock valued at $56,985,000 after purchasing an additional 358,868 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ:FIXD opened at $43.18 on Wednesday. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $39.42 and a fifty-two week high of $46.80. The company has a fifty day moving average of $43.50 and a two-hundred day moving average of $43.40.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd were given a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $1.86 annualized dividend and a dividend yield of 4.31%.

First Trust TCW Opportunistic Fixed Income ETF Company 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.