18,592 Shares in First Trust TCW Opportunistic Fixed Income ETF $FIXD Bought by Merit Financial Group LLC

Merit Financial Group LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,592 shares of the company’s stock, valued at approximately $826,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIXD. Randall & Associates Wealth Management grew its position in First Trust TCW Opportunistic Fixed Income ETF by 15.3% in the third quarter. Randall & Associates Wealth Management now owns 137,197 shares of the company’s stock valued at $6,094,000 after purchasing an additional 18,191 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 92,917 shares of the company’s stock worth $4,078,000 after buying an additional 4,685 shares during the last quarter. Retirement Planning Group LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 17.6% in the second quarter. Retirement Planning Group LLC now owns 55,799 shares of the company’s stock valued at $2,449,000 after acquiring an additional 8,334 shares during the last quarter. Keystone Wealth Services LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 22.1% in the third quarter. Keystone Wealth Services LLC now owns 100,565 shares of the company’s stock valued at $4,467,000 after acquiring an additional 18,226 shares during the last quarter. Finally, GDS Wealth Management raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 5.9% during the second quarter. GDS Wealth Management now owns 461,858 shares of the company’s stock worth $20,271,000 after acquiring an additional 25,847 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD stock opened at $44.75 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.16 and a twelve month high of $45.15. The business has a 50 day moving average price of $44.37 and a two-hundred day moving average price of $44.40.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were issued a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Wednesday, January 21st.

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