First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Strong Trading Volume – Still a Buy?

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw an uptick in trading volume on Wednesday . 1,600,854 shares were traded during mid-day trading, an increase of 111% from the previous session’s volume of 760,173 shares.The stock last traded at $43.45 and had previously closed at $43.42.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.1 %

The firm has a fifty day simple moving average of $44.66 and a 200 day simple moving average of $43.98.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were issued a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.86 annualized dividend and a dividend yield of 4.29%.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Hedge funds have recently bought and sold shares of the stock. Daymark Wealth Partners LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at about $228,000. Axxcess Wealth Management LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% in the 2nd quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock worth $24,611,000 after buying an additional 41,748 shares during the last quarter. Moloney Securities Asset Management LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.8% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 7,537 shares of the company’s stock worth $324,000 after acquiring an additional 1,947 shares in the last quarter. Cannon Financial Strategists Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth $3,297,000. Finally, Howard Financial Services LTD. lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.4% during the 3rd quarter. Howard Financial Services LTD. now owns 306,362 shares of the company’s stock valued at $13,860,000 after purchasing an additional 4,152 shares during the last quarter.

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.