First Trust TCW Opportunistic Fixed Income ETF (FIXD) To Go Ex-Dividend on February 20th

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) declared a monthly dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be given a dividend of 0.165 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, February 20th.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.4%

NASDAQ:FIXD opened at $44.63 on Friday. The firm’s 50 day moving average is $44.38 and its two-hundred day moving average is $44.41. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $41.16 and a fifty-two week high of $45.15.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Founders Financial Alliance LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock worth $29,000 after purchasing an additional 499 shares during the period. Richardson Capital Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth about $37,000. JPMorgan Chase & Co. increased its position in First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after purchasing an additional 265 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $143,000. Finally, Bank of Montreal Can purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $154,000.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.