BlackDiamond Wealth Management LLC Reduces Stock Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

BlackDiamond Wealth Management LLC reduced its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 6.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,614 shares of the company’s stock after selling 415 shares during the quarter. BlackDiamond Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $241,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FIXD. Raymond James Financial Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at approximately $158,285,000. Thrivent Financial for Lutherans lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 170.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 993,616 shares of the company’s stock valued at $44,951,000 after buying an additional 626,542 shares in the last quarter. LPL Financial LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after buying an additional 615,776 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 297,136.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 428,021 shares of the company’s stock valued at $18,392,000 after buying an additional 427,877 shares in the last quarter. Finally, Elios Financial Group Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at approximately $17,935,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD stock opened at $43.71 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $39.42 and a 12 month high of $46.80. The firm’s 50 day moving average is $43.27 and its 200 day moving average is $43.83.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.155 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. This represents a $1.86 annualized dividend and a yield of 4.26%.

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.