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

Cornerstone Wealth Management LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,339 shares of the company’s stock after acquiring an additional 2,290 shares during the period. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 0.7% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position. Cornerstone Wealth Management LLC owned about 0.17% of First Trust TCW Opportunistic Fixed Income ETF worth $9,606,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Daymark Wealth Partners LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $228,000. Accel Wealth Management grew its holdings 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 buying an additional 431 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% in the 2nd quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock worth $24,611,000 after acquiring an additional 41,748 shares during the last quarter. Moloney Securities Asset Management LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.8% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 7,537 shares of the company’s stock worth $324,000 after acquiring an additional 1,947 shares during the period. Finally, Cannon Financial Strategists Inc. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth $3,297,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD opened at $44.63 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.86 and a 12-month high of $46.80. The firm has a 50-day moving average price of $45.04 and a 200 day moving average price of $43.81.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors 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%. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06. The ex-dividend date was Thursday, September 26th.

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.