Acorn Wealth Advisors LLC Sells 503 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Acorn Wealth Advisors LLC cut its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.2% in the fourth quarter, HoldingsChannel reports. The fund owned 40,708 shares of the company’s stock after selling 503 shares during the period. Acorn Wealth Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $1,749,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth $51,000. Icon Wealth Advisors LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth about $112,000. Oregon Pacific Wealth Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth about $201,000. J.W. Cole Advisors Inc. raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 12.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock valued at $223,000 after purchasing an additional 555 shares during the period. Finally, Avidian Wealth Enterprises LLC lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 6.1% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock worth $249,000 after purchasing an additional 318 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD stock opened at $43.42 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $39.42 and a 1-year high of $46.80. The business has a 50 day simple moving average of $43.01 and a two-hundred day simple moving average of $43.95.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.155 per share. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date is Friday, February 21st. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.28%.

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.