Quad Cities Investment Group LLC Boosts Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Quad Cities Investment Group LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 8.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,182 shares of the company’s stock after acquiring an additional 621 shares during the quarter. Quad Cities Investment Group LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $370,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 10.2% in the second quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock valued at $62,000 after purchasing an additional 13,402 shares during the period. Signaturefd LLC raised its holdings 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 valued at $65,000 after buying an additional 384 shares during the period. Palisade Asset Management LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter worth approximately $73,000. Hantz Financial Services Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter worth approximately $117,000. Finally, Freestone Capital Holdings LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $201,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ FIXD traded down $0.24 during mid-day trading on Thursday, reaching $44.39. 192,536 shares of the company’s stock traded hands, compared to its average volume of 738,581. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $46.80. The company has a fifty day simple moving average of $45.04 and a 200-day simple moving average of $43.81.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

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

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.