HighTower Advisors LLC Has $63.86 Million Holdings in First Trust TCW Opportunistic Fixed Income ETF $FIXD

HighTower Advisors LLC increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 70.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,440,912 shares of the company’s stock after buying an additional 596,226 shares during the quarter. HighTower Advisors LLC owned 1.85% of First Trust TCW Opportunistic Fixed Income ETF worth $63,861,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. BAM Wealth Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $514,000. Alpha Financial Advisors LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.9% during the fourth quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock worth $17,051,000 after acquiring an additional 31,524 shares during the period. Merit Financial Group LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth $826,000. Farther Finance Advisors LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 87.3% during the fourth quarter. Farther Finance Advisors LLC now owns 106,490 shares of the company’s stock worth $4,720,000 after acquiring an additional 49,623 shares during the period. Finally, CWM LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.6% during the fourth quarter. CWM LLC now owns 92,702 shares of the company’s stock worth $4,109,000 after buying an additional 13,212 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.7%

NASDAQ:FIXD opened at $43.35 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $42.51 and a 52-week high of $45.15. The stock has a 50-day simple moving average of $43.73 and a 200 day simple moving average of $44.19.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were given a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, April 21st.

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.