Modern Wealth Management LLC Has $539,000 Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Modern Wealth Management LLC lowered its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,469 shares of the company’s stock after selling 268 shares during the period. Modern Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $539,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kestra Investment Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth about $51,000. Icon Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $112,000. SBI Securities Co. Ltd. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter valued at approximately $129,000. Oregon Pacific Wealth Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $201,000. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock worth $223,000 after buying an additional 555 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.47 on Friday. The business has a 50 day simple moving average of $43.45 and a 200 day simple moving average of $43.78. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $39.42 and a one year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a $0.155 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.86 annualized dividend and a dividend yield of 4.28%.

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.