Maripau Wealth Management LLC Lowers Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Maripau Wealth Management LLC trimmed its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,441 shares of the company’s stock after selling 768 shares during the quarter. Maripau Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $834,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FIXD. Daymark Wealth Partners LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at approximately $228,000. Accel Wealth Management increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 7.3% in the first quarter. Accel Wealth Management now owns 6,357 shares of the company’s stock valued at $277,000 after purchasing an additional 431 shares during the last quarter. Axxcess Wealth Management LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% during the second quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock worth $24,611,000 after acquiring an additional 41,748 shares during the last quarter. Moloney Securities Asset Management LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.8% during the second quarter. Moloney Securities Asset Management LLC now owns 7,537 shares of the company’s stock worth $324,000 after purchasing an additional 1,947 shares during the period. Finally, Cannon Financial Strategists Inc. acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth $3,297,000.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.4 %

FIXD stock traded down $0.18 during trading on Tuesday, hitting $43.95. The stock had a trading volume of 709,612 shares, compared to its average volume of 753,233. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $46.80. The company’s 50 day moving average price is $45.03 and its two-hundred day moving average price is $43.84.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.23%. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06.

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.