Commonwealth Financial Services LLC Buys 58,871 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

Commonwealth Financial Services LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 8.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 784,257 shares of the company’s stock after purchasing an additional 58,871 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF accounts for about 5.4% of Commonwealth Financial Services LLC’s portfolio, making the stock its 3rd largest position. Commonwealth Financial Services LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $34,186,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIXD. Merkkuri Wealth Advisors LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth approximately $35,000. JPMorgan Chase & Co. boosted 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 buying an additional 265 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $143,000. Bank of Montreal Can bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $154,000. Finally, First Horizon Corp bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $179,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $43.37 on Monday. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $42.51 and a 52 week high of $45.15. The stock has a fifty day moving average of $43.52 and a 200-day moving average of $43.92.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, June 25th.

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.