Janney Montgomery Scott LLC Has $12.97 Million Stock Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Janney Montgomery Scott LLC cut its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 51.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 295,832 shares of the company’s stock after selling 307,840 shares during the period. Janney Montgomery Scott LLC owned about 0.33% of First Trust TCW Opportunistic Fixed Income ETF worth $12,969,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Millennium Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth approximately $285,000. Triumph Capital Management boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 3.4% during the 4th quarter. Triumph Capital Management now owns 236,645 shares of the company’s stock worth $10,169,000 after buying an additional 7,686 shares during the period. First Financial Group Corp acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth approximately $2,268,000. Axxcess Wealth Management LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 1.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 604,876 shares of the company’s stock worth $25,992,000 after buying an additional 9,448 shares during the period. Finally, Bank of America Corp DE boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 5.2% during the 4th quarter. Bank of America Corp DE now owns 924,941 shares of the company’s stock worth $39,745,000 after buying an additional 45,305 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ FIXD opened at $43.60 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $39.42 and a 52-week high of $46.80. The company’s 50 day moving average price is $43.31 and its 200-day moving average price is $43.35.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were given a $0.155 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.27%.

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.