First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Large Volume Increase – Here’s What Happened

Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw unusually-strong trading volume on Wednesday . Approximately 1,284,230 shares changed hands during mid-day trading, an increase of 20% from the previous session’s volume of 1,068,164 shares.The stock last traded at $42.84 and had previously closed at $42.43.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.3 %

The business’s fifty day moving average is $43.31 and its 200 day moving average is $44.06.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.145 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.05%.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Hedge funds have recently modified their holdings of the stock. Daymark Wealth Partners LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter worth approximately $228,000. Cannon Financial Strategists Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter worth approximately $3,297,000. Howard Financial Services LTD. raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.4% in the 3rd quarter. Howard Financial Services LTD. now owns 306,362 shares of the company’s stock worth $13,860,000 after purchasing an additional 4,152 shares during the period. Gateway Wealth Partners LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.6% in the 3rd quarter. Gateway Wealth Partners LLC now owns 82,357 shares of the company’s stock worth $3,726,000 after purchasing an additional 1,316 shares during the period. Finally, AE Wealth Management LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.6% in the 2nd quarter. AE Wealth Management LLC now owns 367,831 shares of the company’s stock worth $15,835,000 after purchasing an additional 16,010 shares during the period.

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.