West Michigan Advisors LLC Sells 2,013 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

West Michigan Advisors LLC lessened its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,117 shares of the company’s stock after selling 2,013 shares during the quarter. West Michigan Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $1,423,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Investment Management LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth approximately $51,000. Icon Wealth Advisors LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter worth approximately $112,000. Oregon Pacific Wealth Management LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth approximately $201,000. J.W. Cole Advisors Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock worth $223,000 after acquiring an additional 555 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 6.1% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock worth $249,000 after acquiring an additional 318 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.5 %

NASDAQ:FIXD opened at $44.00 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $39.42 and a 1 year high of $46.80. The stock’s 50 day simple moving average is $43.08 and its two-hundred day simple moving average is $43.93.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.155 dividend. This is an increase from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, February 21st. This represents a $1.86 dividend on an annualized basis and a yield of 4.23%.

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.