Moloney Securities Asset Management LLC Raises Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Moloney Securities Asset Management LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 34.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,537 shares of the company’s stock after acquiring an additional 1,947 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $324,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FIXD. Creekmur Asset Management LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth approximately $49,000. Signaturefd LLC lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the 2nd quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock worth $65,000 after buying an additional 384 shares during the last quarter. Palisade Asset Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth approximately $73,000. Scarborough Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth approximately $134,000. Finally, Freestone Capital Holdings LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth approximately $201,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ:FIXD opened at $44.74 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $40.86 and a twelve month high of $46.07. The firm has a 50 day simple moving average of $44.09 and a 200-day simple moving average of $43.45.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 9th. Stockholders of record on Friday, August 30th will be given a dividend of $0.055 per share. The ex-dividend date is Friday, August 30th. This represents a $0.66 annualized dividend and a dividend yield of 1.48%.

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.