SpiderRock Advisors LLC Invests $226,000 in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

SpiderRock Advisors LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 5,214 shares of the company’s stock, valued at approximately $226,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FIXD. Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,249,921 shares of the company’s stock valued at $141,697,000 after acquiring an additional 76,853 shares during the last quarter. Cutter & CO Brokerage Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $1,391,000. NewSquare Capital LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.1% during the 4th quarter. NewSquare Capital LLC now owns 19,115 shares of the company’s stock valued at $853,000 after acquiring an additional 750 shares during the last quarter. Bennett Associates Wealth Management bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $5,767,000. Finally, Atria Wealth Solutions Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 293,735 shares of the company’s stock valued at $13,102,000 after acquiring an additional 41,719 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD traded up $0.23 during trading hours on Friday, reaching $43.44. 262,079 shares of the company’s stock traded hands, compared to its average volume of 746,691. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $40.86 and a 12 month high of $44.80. The firm’s 50 day simple moving average is $42.99 and its 200-day simple moving average is $43.44.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.155 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.86 dividend on an annualized basis and a yield of 4.28%.

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.