Commonwealth Financial Services LLC Increases Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Commonwealth Financial Services LLC raised its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 99.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 702,063 shares of the company’s stock after buying an additional 350,281 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF comprises approximately 6.3% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 2nd biggest holding. Commonwealth Financial Services LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $30,463,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Creekmur Asset Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $49,000. Strategic Financial Concepts LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.2% in the second quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock valued at $62,000 after purchasing an additional 13,402 shares during the last quarter. Signaturefd LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% in the second quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock valued at $65,000 after purchasing an additional 384 shares during the last quarter. Palisade Asset Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $73,000. Finally, Hantz Financial Services Inc. acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth $117,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $45.53 on Monday. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $46.38. The company’s fifty day simple moving average is $44.72 and its 200 day simple moving average is $43.65.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 4th. Investors of record on Friday, September 27th will be issued a dividend of $0.055 per share. The ex-dividend date is Friday, September 27th. This represents a $0.66 dividend on an annualized basis and a yield of 1.45%.

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.