Spire Wealth Management Cuts Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Spire Wealth Management cut its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 677,843 shares of the company’s stock after selling 29,795 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 1.0% of Spire Wealth Management’s holdings, making the stock its 13th biggest holding. Spire Wealth Management’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $29,820,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FIXD. LPL Financial LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 23.6% during the third quarter. LPL Financial LLC now owns 7,304,597 shares of the company’s stock valued at $307,195,000 after acquiring an additional 1,393,129 shares during the last quarter. UBS Group AG raised its position in First Trust TCW Opportunistic Fixed Income ETF by 46.4% during the 3rd quarter. UBS Group AG now owns 3,650,541 shares of the company’s stock valued at $153,524,000 after purchasing an additional 1,157,727 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 202.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,415,455 shares of the company’s stock worth $59,527,000 after buying an additional 946,759 shares during the period. Morgan Stanley grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.6% in the 3rd quarter. Morgan Stanley now owns 9,647,084 shares of the company’s stock worth $405,708,000 after buying an additional 682,697 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $15,194,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.26 during midday trading on Friday, reaching $42.72. 510,574 shares of the company’s stock traded hands, compared to its average volume of 824,651. The stock has a 50 day moving average of $43.10 and a 200-day moving average of $43.26. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $40.86 and a 12 month high of $45.60.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th were issued a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $1.86 annualized dividend and a yield of 4.35%.

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.