Collaborative Wealth Managment Inc. Reduces Stake in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Collaborative Wealth Managment Inc. lessened its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 23.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,693 shares of the company’s stock after selling 4,890 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 33.3% in the 1st quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock valued at $88,000 after acquiring an additional 500 shares during the last quarter. Novem Group boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 7.7% in the second quarter. Novem Group now owns 9,527 shares of the company’s stock valued at $418,000 after purchasing an additional 685 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 1.1% in the second quarter. Concurrent Investment Advisors LLC now owns 63,748 shares of the company’s stock valued at $2,798,000 after purchasing an additional 711 shares during the last quarter. Opes Wealth Management LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 0.4% during the 1st quarter. Opes Wealth Management LLC now owns 216,195 shares of the company’s stock worth $9,478,000 after purchasing an additional 946 shares during the period. Finally, Clear Creek Financial Management LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.5% during the 2nd quarter. Clear Creek Financial Management LLC now owns 22,450 shares of the company’s stock valued at $985,000 after buying an additional 964 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $44.38 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $39.42 and a 52 week high of $45.15. The stock’s 50-day moving average price is $44.61 and its 200-day moving average price is $43.95.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st were given a $0.19 dividend. The ex-dividend date was Tuesday, October 21st. This represents a c) annualized dividend and a yield of 5.1%. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.17.

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.