Signature Estate & Investment Advisors LLC Sells 7,492,684 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Signature Estate & Investment Advisors LLC lessened its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 96.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 295,120 shares of the company’s stock after selling 7,492,684 shares during the quarter. Signature Estate & Investment Advisors LLC owned 0.29% of First Trust TCW Opportunistic Fixed Income ETF worth $12,681,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $51,000. Icon Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $112,000. SBI Securities Co. Ltd. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth approximately $129,000. Oregon Pacific Wealth Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth approximately $201,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of 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 valued at $223,000 after purchasing an additional 555 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.5 %

Shares of NASDAQ:FIXD opened at $43.69 on Tuesday. The company’s fifty day moving average is $43.39 and its 200 day moving average is $43.79. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $39.42 and a 52 week high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.155 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.86 annualized dividend and a dividend yield of 4.26%. This is an increase from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15.

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.