First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lowered its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 22.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 224,614 shares of the company’s stock after selling 63,361 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.22% of First Trust TCW Opportunistic Fixed Income ETF worth $9,652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth about $158,285,000. Thrivent Financial for Lutherans lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 170.7% during the third quarter. Thrivent Financial for Lutherans now owns 993,616 shares of the company’s stock worth $44,951,000 after purchasing an additional 626,542 shares in the last quarter. LPL Financial LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% during the third quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock worth $426,630,000 after purchasing an additional 615,776 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 297,136.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 428,021 shares of the company’s stock worth $18,392,000 after purchasing an additional 427,877 shares in the last quarter. Finally, Elios Financial Group Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $17,935,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $43.71 on Tuesday. The stock’s 50-day moving average is $43.27 and its two-hundred day moving average is $43.83. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $39.42 and a 12 month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a $0.155 dividend. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.86 annualized dividend and a dividend yield of 4.26%.

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.