Arax Advisory Partners Has $26.45 Million Stake in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Arax Advisory Partners trimmed its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 70.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 596,758 shares of the company’s stock after selling 1,389,613 shares during the quarter. Arax Advisory Partners owned approximately 0.77% of First Trust TCW Opportunistic Fixed Income ETF worth $26,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Founders Financial Alliance LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% during the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after buying an additional 499 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after buying an additional 265 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $143,000. Bank of Montreal Can bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $154,000. Finally, Jones Financial Companies Lllp raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2,695.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,550 shares of the company’s stock valued at $157,000 after acquiring an additional 3,423 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD stock opened at $43.62 on Friday. The stock’s 50 day simple moving average is $43.65 and its 200 day simple moving average is $44.08. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $42.51 and a twelve month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were paid a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, May 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.