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

Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw strong trading volume on Wednesday . 1,284,230 shares were traded during 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 Trading Up 0.9 %

The firm has a fifty day simple moving average of $43.34 and a two-hundred day simple moving average of $44.08.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.145 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Icon Wealth Advisors LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $112,000. Daymark Wealth Partners LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at $228,000. Avidian Wealth Enterprises LLC increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.1% in the third quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock worth $249,000 after purchasing an additional 318 shares during the period. Legacy Capital Wealth Partners LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth $257,000. Finally, International Assets Investment Management LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter valued at $277,000.

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.