RDA Financial Network Lowers Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

RDA Financial Network cut its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,501 shares of the company’s stock after selling 774 shares during the quarter. RDA Financial Network’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $2,013,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FIXD. Creekmur Asset Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $49,000. Strategic Financial Concepts LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 10.2% in 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 period. Signaturefd LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the second quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock worth $65,000 after purchasing an additional 384 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $73,000. Finally, Hantz Financial Services Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at approximately $117,000.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.4 %

Shares of NASDAQ:FIXD traded up $0.18 during midday trading on Tuesday, reaching $44.58. 451,455 shares of the company’s stock traded hands, compared to its average volume of 732,334. The company has a fifty day simple moving average of $45.04 and a two-hundred day simple moving average of $43.80. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $40.86 and a 1 year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a yield of 4.17%. This is an increase 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.

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.