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

Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw unusually-strong trading volume on Friday . Approximately 1,229,039 shares were traded during trading, an increase of 49% from the previous session’s volume of 822,288 shares.The stock last traded at $43.69 and had previously closed at $43.47.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.6 %

The business’s 50 day simple moving average is $43.45 and its 200 day simple moving average is $43.78.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Thursday, March 27th.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FIXD. D.A. Davidson & CO. increased its position in First Trust TCW Opportunistic Fixed Income ETF by 7.9% during the third quarter. D.A. Davidson & CO. now owns 55,084 shares of the company’s stock valued at $2,492,000 after acquiring an additional 4,045 shares during the last quarter. Townsquare Capital LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 22.1% during the 3rd quarter. Townsquare Capital LLC now owns 7,627 shares of the company’s stock worth $345,000 after purchasing an additional 1,383 shares during the period. CreativeOne Wealth LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 70.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 43,980 shares of the company’s stock worth $1,990,000 after purchasing an additional 18,122 shares during the period. Icon Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at about $112,000. Finally, Captrust Financial Advisors raised its position in First Trust TCW Opportunistic Fixed Income ETF by 11.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,854 shares of the company’s stock worth $401,000 after purchasing an additional 930 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Company 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.