First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) to Issue $0.17 Monthly Dividend

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) declared a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 21st will be paid a dividend of 0.165 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, April 21st.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.5%

Shares of FIXD stock traded down $0.21 during mid-day trading on Tuesday, reaching $43.89. The stock had a trading volume of 34,308 shares, compared to its average volume of 392,470. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $41.16 and a 1-year high of $45.15. The business’s fifty day moving average is $44.15 and its 200-day moving average is $44.35.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BAM Wealth Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth about $514,000. Alpha Financial Advisors LLC grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 8.9% in the fourth quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock valued at $17,051,000 after purchasing an additional 31,524 shares during the period. Randall & Associates Wealth Management grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 15.3% in the third quarter. Randall & Associates Wealth Management now owns 137,197 shares of the company’s stock valued at $6,094,000 after purchasing an additional 18,191 shares during the period. Merit Financial Group LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $826,000. Finally, Keystone Wealth Services LLC grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 22.1% in the third quarter. Keystone Wealth Services LLC now owns 100,565 shares of the company’s stock valued at $4,467,000 after purchasing an additional 18,226 shares during the period.

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.