NewEdge Advisors LLC Acquires 216,559 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

NewEdge Advisors LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 25.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,904 shares of the company’s stock after buying an additional 216,559 shares during the period. NewEdge Advisors LLC owned about 1.43% of First Trust TCW Opportunistic Fixed Income ETF worth $46,833,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FIXD. Baird Financial Group Inc. increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the second quarter. Baird Financial Group Inc. now owns 602,672 shares of the company’s stock valued at $26,283,000 after acquiring an additional 64,335 shares during the last quarter. Allworth Financial LP boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 8.6% during the second quarter. Allworth Financial LP now owns 4,805 shares of the company’s stock valued at $210,000 after purchasing an additional 380 shares during the last quarter. Citadel Advisors LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 742.9% during the second quarter. Citadel Advisors LLC now owns 485,591 shares of the company’s stock valued at $21,177,000 after purchasing an additional 427,984 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 75.4% in the second quarter. Ameritas Advisory Services LLC now owns 76,856 shares of the company’s stock valued at $3,352,000 after purchasing an additional 33,037 shares in the last quarter. Finally, Asset Allocation Strategies LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 30.7% in the second quarter. Asset Allocation Strategies LLC now owns 8,867 shares of the company’s stock valued at $387,000 after purchasing an additional 2,081 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3%

NASDAQ:FIXD opened at $42.58 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.95 and a twelve month high of $45.15. The stock’s 50 day moving average price is $43.03 and its two-hundred day moving average price is $43.53.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were issued a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, August 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.