IFP Advisors Inc Has $9.65 Million Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

IFP Advisors Inc raised its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 224,608 shares of the company’s stock after purchasing an additional 21,291 shares during the period. IFP Advisors Inc owned 0.22% of First Trust TCW Opportunistic Fixed Income ETF worth $9,651,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of FIXD. Kestra Investment Management LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $51,000. Icon Wealth Advisors LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at about $112,000. Oregon Pacific Wealth Management LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $201,000. J.W. Cole Advisors Inc. grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock valued at $223,000 after acquiring an additional 555 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.1% in the third quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock valued at $249,000 after acquiring an additional 318 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD stock opened at $43.35 on Monday. The company’s 50-day simple moving average is $43.01 and its 200 day simple moving average is $43.95. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $39.42 and a 52 week high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a $0.155 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is an increase 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 4.29%.

First Trust TCW Opportunistic Fixed Income ETF 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.