First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Reaches New 12-Month Low – Should You Sell?

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) hit a new 52-week low during trading on Monday . The stock traded as low as $41.95 and last traded at $42.80, with a volume of 16566 shares traded. The stock had previously closed at $42.96.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.4%

The business has a fifty day moving average price of $43.15 and a 200 day moving average price of $43.61.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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

Institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 5.2% during the second quarter. First Trust Advisors LP now owns 135,379 shares of the company’s stock worth $5,942,000 after buying an additional 6,676 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 805.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock valued at $215,000 after buying an additional 4,359 shares in the last quarter. Betterment LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the 2nd quarter. Betterment LLC now owns 74,432 shares of the company’s stock valued at $3,267,000 after buying an additional 2,468 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth about $3,387,000. Finally, Ausdal Financial Partners Inc. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 22.8% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 28,559 shares of the company’s stock worth $1,253,000 after buying an additional 5,307 shares during the period.

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