Thrivent Financial for Lutherans Grows Stake in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Thrivent Financial for Lutherans raised its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 23.6% during the 4th quarter, HoldingsChannel reports. The firm owned 715,285 shares of the company’s stock after acquiring an additional 136,363 shares during the quarter. Thrivent Financial for Lutherans’ holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $31,769,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Founders Financial Alliance LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 309.9% in the third 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 purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at about $37,000. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 265 shares during the period. Jones Financial Companies Lllp raised its position in 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 purchasing an additional 3,423 shares during the period. Finally, First Horizon Corp purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $179,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD opened at $43.24 on Monday. The business’s 50-day moving average is $43.80 and its two-hundred day moving average is $44.23. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $42.57 and a 12 month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were given a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a c) annualized dividend and a yield of 4.6%.

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