Kestra Investment Management LLC Buys New Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Kestra Investment Management LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,196 shares of the company’s stock, valued at approximately $51,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Avidian Wealth Enterprises LLC grew 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 valued at $249,000 after purchasing an additional 318 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 39,109 shares of the company’s stock valued at $1,769,000 after purchasing an additional 400 shares in the last quarter. Consolidated Portfolio Review Corp grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.2% in the third quarter. Consolidated Portfolio Review Corp now owns 14,453 shares of the company’s stock valued at $654,000 after purchasing an additional 447 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.5% in the fourth quarter. Perigon Wealth Management LLC now owns 19,562 shares of the company’s stock valued at $841,000 after purchasing an additional 470 shares in the last quarter. Finally, KG&L Capital Management LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.9% in the third quarter. KG&L Capital Management LLC now owns 7,554 shares of the company’s stock valued at $342,000 after purchasing an additional 490 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD stock opened at $43.35 on Friday. The firm has a fifty day moving average price of $43.01 and a 200 day moving average price of $43.97. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $39.42 and a fifty-two week high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a $0.155 dividend. The ex-dividend date is Friday, February 21st. This is an increase from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. This represents a $1.86 dividend on an annualized basis and a yield of 4.29%.

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.