Merit Financial Group LLC Makes New $826,000 Investment in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Merit Financial Group LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 18,592 shares of the company’s stock, valued at approximately $826,000.

A number of other large investors also recently made changes to their positions in FIXD. Founders Financial Alliance LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 309.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after purchasing an additional 499 shares during the period. Richardson Capital Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth $37,000. JPMorgan Chase & Co. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the third quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after acquiring an additional 265 shares during the period. Jones Financial Companies Lllp grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2,695.3% in the third quarter. Jones Financial Companies Lllp now owns 3,550 shares of the company’s stock valued at $157,000 after acquiring an additional 3,423 shares in the last quarter. Finally, Moneywise Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at about $203,000.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.1%

Shares of First Trust TCW Opportunistic Fixed Income ETF stock opened at $44.75 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.16 and a twelve month high of $45.15. The company has a 50-day simple moving average of $44.37 and a two-hundred day simple moving average of $44.40.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were paid a $0.165 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Wednesday, January 21st.

First Trust TCW Opportunistic Fixed Income ETF 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.