First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Large Volume Increase – Time to Buy?

Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw unusually-high trading volume on Friday . Approximately 1,229,039 shares changed hands during mid-day trading, an increase of 49% from the previous session’s volume of 822,288 shares.The stock last traded at $43.69 and had previously closed at $43.47.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.6 %

The business has a 50-day moving average of $43.46 and a 200-day moving average of $43.75.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a dividend yield of 4.25%. The ex-dividend date is Thursday, March 27th.

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

Large investors have recently made changes to their positions in the stock. D.A. Davidson & CO. raised its position in First Trust TCW Opportunistic Fixed Income ETF by 7.9% during the third quarter. D.A. Davidson & CO. now owns 55,084 shares of the company’s stock worth $2,492,000 after acquiring an additional 4,045 shares in the last quarter. Townsquare Capital LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 22.1% in the 3rd quarter. Townsquare Capital LLC now owns 7,627 shares of the company’s stock valued at $345,000 after purchasing an additional 1,383 shares during the last quarter. Icon Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $112,000. Captrust Financial Advisors increased its position in First Trust TCW Opportunistic Fixed Income ETF by 11.7% during the third quarter. Captrust Financial Advisors now owns 8,854 shares of the company’s stock worth $401,000 after buying an additional 930 shares during the last quarter. Finally, L.M. Kohn & Company increased its position in First Trust TCW Opportunistic Fixed Income ETF by 20.8% during the third quarter. L.M. Kohn & Company now owns 18,436 shares of the company’s stock worth $834,000 after buying an additional 3,174 shares during the last quarter.

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.