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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) shares saw strong trading volume on Wednesday . 1,600,854 shares were traded during mid-day trading, an increase of 111% from the previous session’s volume of 760,173 shares.The stock last traded at $43.45 and had previously closed at $43.42.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.1 %

The business has a fifty day simple moving average of $44.66 and a two-hundred day simple moving average of $43.98.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.86 annualized dividend and a yield of 4.29%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. LPL Financial LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 7.0% during the third quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock worth $426,630,000 after buying an additional 615,776 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 7,787,804 shares of the company’s stock valued at $352,320,000 after purchasing an additional 257,223 shares during the period. Raymond James & Associates increased its position in First Trust TCW Opportunistic Fixed Income ETF by 8.3% during the second quarter. Raymond James & Associates now owns 2,244,969 shares of the company’s stock worth $96,646,000 after purchasing an additional 171,517 shares during the last quarter. Cetera Investment Advisers raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 90.9% during the first quarter. Cetera Investment Advisers now owns 1,606,270 shares of the company’s stock worth $70,033,000 after purchasing an additional 764,778 shares during the period. Finally, Coppell Advisory Solutions Corp. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth $62,272,000.

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.