Raymond James Financial Inc. Acquires Shares of 3,683,622 First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Raymond James Financial Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the fourth quarter, HoldingsChannel reports. The fund acquired 3,683,622 shares of the company’s stock, valued at approximately $158,285,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.1% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock valued at $249,000 after acquiring an additional 318 shares during the period. Comprehensive Financial Consultants Institutional Inc. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 20.3% during the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 18,168 shares of the company’s stock valued at $822,000 after acquiring an additional 3,071 shares during the period. ABLE Financial Group LLC lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 13.9% during the 3rd quarter. ABLE Financial Group LLC now owns 12,866 shares of the company’s stock valued at $582,000 after acquiring an additional 1,571 shares during the period. Assetmark Inc. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.3% during the 3rd quarter. Assetmark Inc. now owns 206,150 shares of the company’s stock valued at $9,326,000 after acquiring an additional 15,788 shares during the period. Finally, Mach 1 Financial Group LLC lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.3% during the 3rd quarter. Mach 1 Financial Group LLC now owns 484,289 shares of the company’s stock valued at $21,905,000 after acquiring an additional 45,128 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.1 %

NASDAQ:FIXD opened at $43.73 on Friday. The stock has a fifty day moving average price of $43.17 and a 200-day moving average price of $43.90. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $39.42 and a fifty-two 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 Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.155 per share. This is an increase from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. This represents a $1.86 annualized dividend and a dividend yield of 4.25%. The ex-dividend date was Friday, February 21st.

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.