Northwestern Mutual Wealth Management Co. Raises Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Northwestern Mutual Wealth Management Co. boosted its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 69.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 283,356 shares of the company’s stock after buying an additional 115,960 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $12,558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Thrivent Financial for Lutherans lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 23.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 715,285 shares of the company’s stock worth $31,769,000 after buying an additional 136,363 shares during the period. Landmark Wealth Management LLC lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 6.0% in the fourth quarter. Landmark Wealth Management LLC now owns 151,575 shares of the company’s stock worth $6,718,000 after buying an additional 8,589 shares during the period. Atria Investments Inc lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the fourth quarter. Atria Investments Inc now owns 512,188 shares of the company’s stock worth $22,700,000 after buying an additional 16,923 shares during the period. Ameritas Advisory Services LLC lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 27.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 46,666 shares of the company’s stock worth $2,068,000 after buying an additional 10,110 shares during the period. Finally, World Investment Advisors lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 13.9% in the fourth quarter. World Investment Advisors now owns 86,013 shares of the company’s stock worth $3,488,000 after buying an additional 10,508 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $43.26 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $42.51 and a one year high of $45.15. The company has a 50-day simple moving average of $43.71 and a two-hundred day simple moving average of $44.18.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be issued a $0.165 dividend. The ex-dividend date is Thursday, May 21st. This represents a c) annualized dividend and a yield of 4.6%.

First Trust TCW Opportunistic Fixed Income ETF Company 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.