LPL Financial LLC Increases Stock Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

LPL Financial LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 9.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,076,780 shares of the company’s stock after buying an additional 612,706 shares during the period. LPL Financial LLC owned 9.09% of First Trust TCW Opportunistic Fixed Income ETF worth $313,643,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Founders Financial Alliance LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% during the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after buying an additional 499 shares during the period. JPMorgan Chase & Co. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd 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. Jones Financial Companies Lllp raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2,695.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,550 shares of the company’s stock valued at $157,000 after acquiring an additional 3,423 shares during the period. First Horizon Corp purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at $179,000. Finally, Barnes Pettey Financial Advisors LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at $200,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD stock opened at $43.38 on Tuesday. The company’s fifty day simple moving average is $43.64 and its 200-day simple moving average is $44.10. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $42.51 and a 52 week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, May 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.