Fifth Third Bancorp Invests $3.18 Million in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Fifth Third Bancorp purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 73,036 shares of the company’s stock, valued at approximately $3,184,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 45.8% during the 1st quarter. Darwin Wealth Management LLC now owns 112,043 shares of the company’s stock worth $4,884,000 after purchasing an additional 35,204 shares during the period. Walkner Condon Financial Advisors LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.2% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 18,206 shares of the company’s stock valued at $794,000 after buying an additional 727 shares during the period. Capital Financial Group Inc. Co. ADV lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the 1st quarter. Capital Financial Group Inc. Co. ADV now owns 112,254 shares of the company’s stock valued at $4,893,000 after buying an additional 2,670 shares during the period. Altus Wealth Group LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 9.8% in the 1st quarter. Altus Wealth Group LLC now owns 16,719 shares of the company’s stock valued at $729,000 after buying an additional 1,495 shares during the period. Finally, American Institute for Advanced Investment Management LLP boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 13.4% in the first quarter. American Institute for Advanced Investment Management LLP now owns 6,445 shares of the company’s stock valued at $281,000 after buying an additional 760 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD stock opened at $43.37 on Monday. The business’s fifty day moving average price is $43.52 and its 200 day moving average price is $43.92. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $42.51 and a 1-year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.