Gentry Private Wealth LLC Makes New Investment in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Gentry Private Wealth LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,474 shares of the company’s stock, valued at approximately $666,000. First Trust TCW Opportunistic Fixed Income ETF comprises approximately 0.6% of Gentry Private Wealth LLC’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creekmur Asset Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $49,000. Signaturefd LLC raised its holdings 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 purchasing an additional 384 shares during the last quarter. Palisade Asset Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $73,000. Hantz Financial Services Inc. acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth $117,000. Finally, Scarborough Advisors LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $134,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $45.41 on Friday. The company’s fifty day simple moving average is $44.26 and its 200 day simple moving average is $43.51. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $46.07.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 9th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, August 30th.

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.