First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Position Increased by Solano Wealth Management Inc.

Solano Wealth Management Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 3.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 268,632 shares of the company’s stock after buying an additional 9,033 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 6.3% of Solano Wealth Management Inc.’s holdings, making the stock its 8th biggest holding. Solano Wealth Management Inc. owned 0.23% of First Trust TCW Opportunistic Fixed Income ETF worth $11,565,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Creekmur Asset Management LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $49,000. Signaturefd LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the 2nd quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock worth $65,000 after purchasing an additional 384 shares in the last quarter. Palisade Asset Management LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth approximately $73,000. Hantz Financial Services Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter valued at approximately $117,000. Finally, Scarborough Advisors LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $134,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $44.74 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $40.86 and a fifty-two week high of $46.07. The stock has a fifty day moving average of $44.09 and a two-hundred day moving average of $43.45.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 9th. Investors of record on Friday, August 30th will be given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Friday, August 30th.

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.