Truist Financial Corp Raises Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Truist Financial Corp lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 3.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 753,187 shares of the company’s stock after purchasing an additional 23,239 shares during the quarter. Truist Financial Corp’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $32,425,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIXD. Bennett Associates Wealth Management purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth $5,767,000. Visionary Wealth Advisors raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 48.4% during the 4th quarter. Visionary Wealth Advisors now owns 331,194 shares of the company’s stock valued at $14,773,000 after buying an additional 107,974 shares during the last quarter. Accel Wealth Management raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.3% during the 1st quarter. Accel Wealth Management now owns 6,357 shares of the company’s stock valued at $277,000 after buying an additional 431 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 18.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 59,099 shares of the company’s stock valued at $2,636,000 after buying an additional 9,394 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% during the 2nd quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock valued at $24,611,000 after acquiring an additional 41,748 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $45.28 on Thursday. The business has a 50 day simple moving average of $44.98 and a 200-day simple moving average of $43.74. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $40.86 and a 12 month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.155 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.11%. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06.

First Trust TCW Opportunistic Fixed Income ETF 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.