HBW Advisory Services LLC Grows Stock Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

HBW Advisory Services LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 19.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 155,069 shares of the company’s stock after acquiring an additional 24,851 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF comprises about 0.9% of HBW Advisory Services LLC’s holdings, making the stock its 22nd largest holding. HBW Advisory Services LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $6,663,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FIXD. Private Client Services LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 22.0% during the fourth quarter. Private Client Services LLC now owns 17,748 shares of the company’s stock worth $763,000 after purchasing an additional 3,206 shares during the last quarter. International Assets Investment Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $277,000. Park National Corp OH lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 19.0% during the fourth quarter. Park National Corp OH now owns 161,948 shares of the company’s stock worth $6,959,000 after purchasing an additional 25,876 shares during the last quarter. O Connor Financial Group LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 3.3% during the fourth quarter. O Connor Financial Group LLC now owns 429,719 shares of the company’s stock worth $18,465,000 after purchasing an additional 13,921 shares during the last quarter. Finally, World Investment Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth $3,934,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD traded down $0.31 during trading hours on Friday, hitting $42.48. 677,946 shares of the stock were exchanged, compared to its average volume of 1,114,984. The stock has a 50-day simple moving average of $43.41 and a 200-day simple moving average of $44.09. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $39.42 and a 12 month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.145 dividend. This represents a $1.74 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Friday, December 13th.

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.