Maripau Wealth Management LLC Cuts Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Maripau Wealth Management LLC lessened its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,441 shares of the company’s stock after selling 768 shares during the period. Maripau Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Signature Estate & Investment Advisors LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 11.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,530,581 shares of the company’s stock valued at $324,192,000 after buying an additional 762,655 shares during the last quarter. Raymond James & Associates grew its position in First Trust TCW Opportunistic Fixed Income ETF by 8.3% during the 2nd quarter. Raymond James & Associates now owns 2,244,969 shares of the company’s stock valued at $96,646,000 after purchasing an additional 171,517 shares during the last quarter. Cetera Investment Advisers grew its position in First Trust TCW Opportunistic Fixed Income ETF by 90.9% during the 1st quarter. Cetera Investment Advisers now owns 1,606,270 shares of the company’s stock valued at $70,033,000 after purchasing an additional 764,778 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at about $62,272,000. Finally, Pine Valley Investments Ltd Liability Co lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 4.1% during the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 1,343,025 shares of the company’s stock valued at $57,817,000 after acquiring an additional 52,522 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD traded down $0.18 during midday trading on Tuesday, hitting $43.95. 709,612 shares of the company traded hands, compared to its average volume of 753,233. The company’s 50-day moving average is $45.03 and its 200 day moving average is $43.84. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $40.86 and a 52 week 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. Stockholders of record on Thursday, September 26th were paid a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06.

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.