NewEdge Advisors LLC Raises Stake in First Trust TCW Opportunistic Fixed Income ETF $FIXD

NewEdge Advisors LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 10.2% during the first quarter, HoldingsChannel.com reports. The firm owned 857,345 shares of the company’s stock after purchasing an additional 79,396 shares during the period. NewEdge Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $37,372,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Morgan Stanley lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the fourth quarter. Morgan Stanley now owns 8,859,149 shares of the company’s stock valued at $392,638,000 after purchasing an additional 208,089 shares during the period. LPL Financial LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 9.5% during the fourth quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock worth $313,643,000 after buying an additional 612,706 shares in the last quarter. Wells Fargo & Company MN grew its position in First Trust TCW Opportunistic Fixed Income ETF by 4.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,930,860 shares of the company’s stock worth $262,856,000 after buying an additional 241,881 shares during the period. Raymond James Financial Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 6.4% during the fourth quarter. Raymond James Financial Inc. now owns 2,896,834 shares of the company’s stock worth $128,388,000 after buying an additional 174,165 shares during the period. Finally, Ameriprise Financial Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after buying an additional 1,454,463 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.3%

Shares of First Trust TCW Opportunistic Fixed Income ETF stock opened at $42.99 on Friday. The company has a 50-day moving average of $43.39 and a two-hundred day moving average of $43.79. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $42.51 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a $0.165 dividend. The ex-dividend date was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.