LexAurum Advisors LLC Buys 21,335 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

LexAurum Advisors LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 8.8% in the 3rd quarter, Holdings Channel reports. The firm owned 264,851 shares of the company’s stock after buying an additional 21,335 shares during the period. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 1.2% of LexAurum Advisors LLC’s holdings, making the stock its 18th biggest position. LexAurum Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $10,930,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FIXD. Envestnet Asset Management Inc. boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,317,649 shares of the company’s stock worth $101,073,000 after purchasing an additional 56,459 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.1% during the 1st quarter. Royal Bank of Canada now owns 1,537,064 shares of the company’s stock valued at $67,000,000 after buying an additional 102,253 shares during the period. NewEdge Advisors LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 25.3% in the 2nd quarter. NewEdge Advisors LLC now owns 1,073,904 shares of the company’s stock worth $46,833,000 after buying an additional 216,559 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 51.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 856,734 shares of the company’s stock worth $37,345,000 after buying an additional 291,705 shares during the last quarter. Finally, Commonwealth Financial Services LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.1% in the 1st quarter. Commonwealth Financial Services LLC now owns 784,257 shares of the company’s stock worth $34,186,000 after buying an additional 58,871 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.4%

First Trust TCW Opportunistic Fixed Income ETF stock traded down $0.15 during mid-day trading on Monday, reaching $41.63. 614,533 shares of the stock traded hands, compared to its average volume of 425,418. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $38.56 and a 12-month high of $45.15. The business’s 50-day moving average is $42.27 and its 200-day moving average is $43.07.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1650 dividend. This represents a $1.98 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, September 24th.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.