Thrivent Financial for Lutherans Increases Stock Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Thrivent Financial for Lutherans raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1,940.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 578,922 shares of the company’s stock after acquiring an additional 550,543 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.76% of First Trust TCW Opportunistic Fixed Income ETF worth $25,715,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. ABLE Financial Group LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.4% during the 3rd quarter. ABLE Financial Group LLC now owns 7,575 shares of the company’s stock worth $336,000 after acquiring an additional 319 shares in the last quarter. RDA Financial Network grew its position in First Trust TCW Opportunistic Fixed Income ETF by 0.7% during the 3rd quarter. RDA Financial Network now owns 52,210 shares of the company’s stock worth $2,319,000 after purchasing an additional 346 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.5% during the second quarter. J.W. Cole Advisors Inc. now owns 7,474 shares of the company’s stock valued at $328,000 after buying an additional 388 shares during the last quarter. DAVENPORT & Co LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.6% during the third quarter. DAVENPORT & Co LLC now owns 9,055 shares of the company’s stock valued at $402,000 after buying an additional 395 shares during the last quarter. Finally, OneAscent Financial Services LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 5.2% during the 3rd quarter. OneAscent Financial Services LLC now owns 8,067 shares of the company’s stock valued at $358,000 after purchasing an additional 401 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ:FIXD opened at $44.22 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $41.16 and a 52-week high of $45.15. The business has a 50-day moving average price of $44.38 and a 200-day moving average price of $44.33.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a $0.165 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.