First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Strong Trading Volume – Here’s What Happened

Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw an uptick in trading volume on Friday . 350,790 shares were traded during trading, a decline of 52% from the previous session’s volume of 727,790 shares.The stock last traded at $44.37 and had previously closed at $44.43.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

The stock has a fifty day moving average of $45.05 and a 200 day moving average of $43.79.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.155 dividend. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06. This represents a $1.86 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors have recently bought and sold shares of FIXD. Creekmur Asset Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth $49,000. Strategic Financial Concepts LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 10.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock worth $62,000 after purchasing an additional 13,402 shares during the period. Signaturefd LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 34.4% in the 2nd quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock worth $65,000 after purchasing an additional 384 shares during the period. Palisade Asset Management LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at about $73,000. Finally, Hantz Financial Services Inc. bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at about $117,000.

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.