HighTower Advisors LLC Has $63.86 Million Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

HighTower Advisors LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 70.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,440,912 shares of the company’s stock after buying an additional 596,226 shares during the period. HighTower Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $63,861,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BAM Wealth Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at $514,000. Alpha Financial Advisors LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.9% during the 4th quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock worth $17,051,000 after purchasing an additional 31,524 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth approximately $826,000. Farther Finance Advisors LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 87.3% during the 4th quarter. Farther Finance Advisors LLC now owns 106,490 shares of the company’s stock worth $4,720,000 after purchasing an additional 49,623 shares during the last quarter. Finally, CWM LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.6% during the 4th quarter. CWM LLC now owns 92,702 shares of the company’s stock worth $4,109,000 after purchasing an additional 13,212 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.7%

NASDAQ:FIXD opened at $43.35 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $42.51 and a twelve month high of $45.15. The stock’s 50 day moving average price is $43.73 and its two-hundred day moving average price is $44.19.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

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