First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Strong Trading Volume – What’s Next?

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw unusually-high trading volume on Monday . Approximately 2,728,846 shares were traded during trading, an increase of 253% from the previous session’s volume of 773,111 shares.The stock last traded at $43.97 and had previously closed at $44.02.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

The business’s 50-day simple moving average is $44.14 and its 200-day simple moving average is $44.06.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were given a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date was Thursday, November 21st.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Daymark Wealth Partners LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at $228,000. Axxcess Wealth Management LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 7.9% in the 2nd quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock valued at $24,611,000 after acquiring an additional 41,748 shares during the period. Moloney Securities Asset Management LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 34.8% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 7,537 shares of the company’s stock valued at $324,000 after acquiring an additional 1,947 shares during the period. Cannon Financial Strategists Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter valued at $3,297,000. Finally, Howard Financial Services LTD. grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 1.4% in the 3rd quarter. Howard Financial Services LTD. now owns 306,362 shares of the company’s stock valued at $13,860,000 after acquiring an additional 4,152 shares during the period.

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.