Cornerstone Wealth Management LLC Grows Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Cornerstone Wealth Management LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 212,339 shares of the company’s stock after purchasing an additional 2,290 shares during the period. First Trust TCW Opportunistic Fixed Income ETF makes up approximately 0.7% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 29th largest position. Cornerstone Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $9,606,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Signaturefd LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% in the second quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock valued at $65,000 after buying an additional 384 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 7.0% during the 2nd quarter. Ritholtz Wealth Management now owns 6,505 shares of the company’s stock valued at $280,000 after acquiring an additional 425 shares during the period. Accel Wealth Management grew its position in First Trust TCW Opportunistic Fixed Income ETF by 7.3% in the 1st quarter. Accel Wealth Management now owns 6,357 shares of the company’s stock valued at $277,000 after acquiring an additional 431 shares in the last quarter. NBC Securities Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 1.6% during the third quarter. NBC Securities Inc. now owns 28,868 shares of the company’s stock worth $1,306,000 after purchasing an additional 454 shares during the period. Finally, Keystone Wealth Services LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 1.1% during the third quarter. Keystone Wealth Services LLC now owns 43,140 shares of the company’s stock worth $1,952,000 after purchasing an additional 485 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ FIXD opened at $44.63 on Thursday. The firm has a 50 day simple moving average of $45.04 and a 200-day simple moving average of $43.81. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $40.86 and a one year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.155 dividend. This represents a $1.86 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06.

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.