Private Client Services LLC Invests $658,000 in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Private Client Services LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,542 shares of the company’s stock, valued at approximately $658,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creekmur Asset Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $49,000. Strategic Financial Concepts LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.2% during 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 last quarter. Signaturefd LLC increased its stake 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 purchasing 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. Finally, Hantz Financial Services Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth approximately $117,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD stock opened at $45.08 on Friday. The company has a 50 day moving average of $45.01 and a 200-day moving average of $43.75. 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 firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.155 dividend. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06. This represents a $1.86 annualized dividend and a yield of 4.13%.

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.