31,180 Shares in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Acquired by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 31,180 shares of the company’s stock, valued at approximately $1,391,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 30.5% during the 4th quarter. Larson Financial Group LLC now owns 317,731 shares of the company’s stock worth $14,172,000 after buying an additional 74,254 shares during the last quarter. HTLF Bank purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth approximately $387,000. Opes Wealth Management LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.8% in the 4th quarter. Opes Wealth Management LLC now owns 170,725 shares of the company’s stock valued at $7,615,000 after purchasing an additional 7,770 shares during the last quarter. Archer Investment Corp grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.2% in the 4th quarter. Archer Investment Corp now owns 82,817 shares of the company’s stock valued at $3,694,000 after purchasing an additional 995 shares during the last quarter. Finally, Allen Capital Group LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 15.1% in the 4th quarter. Allen Capital Group LLC now owns 1,073,912 shares of the company’s stock valued at $47,902,000 after purchasing an additional 140,714 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.2 %

Shares of FIXD stock traded down $0.07 during midday trading on Tuesday, hitting $42.28. The company had a trading volume of 496,962 shares, compared to its average volume of 840,526. The company’s 50 day simple moving average is $43.31 and its 200 day simple moving average is $43.22. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $40.86 and a 52-week high of $45.60.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th will be paid a $0.155 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $1.86 annualized dividend and a dividend yield of 4.40%.

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.