Gradient Investments LLC Acquires 7,456 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Gradient Investments LLC increased its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 3,863.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,649 shares of the company’s stock after acquiring an additional 7,456 shares during the quarter. Gradient Investments LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of FIXD. Creekmur Asset Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $49,000. Palisade Asset Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at about $73,000. Scarborough Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $134,000. Freestone Capital Holdings LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at about $201,000. Finally, WMG Financial Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $204,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ FIXD traded up $0.11 during trading on Friday, reaching $44.80. 565,022 shares of the company traded hands, compared to its average volume of 739,620. The firm has a 50 day simple moving average of $43.79 and a 200-day simple moving average of $43.39. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $40.86 and a 52-week high of $45.54.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd were issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend was Tuesday, July 23rd.

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.