West Michigan Advisors LLC Reduces Stock Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

West Michigan Advisors LLC decreased its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 5.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 33,117 shares of the company’s stock after selling 2,013 shares during the period. West Michigan Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $1,423,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIXD. Arkadios Wealth Advisors boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 13.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 6,405 shares of the company’s stock worth $290,000 after purchasing an additional 747 shares during the period. Integrated Advisors Network LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 16.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 16,987 shares of the company’s stock valued at $769,000 after acquiring an additional 2,368 shares during the period. Focus Financial Network Inc. boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 19.3% during the 3rd quarter. Focus Financial Network Inc. now owns 7,691 shares of the company’s stock valued at $348,000 after acquiring an additional 1,244 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 1.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 39,109 shares of the company’s stock valued at $1,769,000 after acquiring an additional 400 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 229.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 24,648 shares of the company’s stock valued at $1,115,000 after acquiring an additional 17,164 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD opened at $44.00 on Friday. The business has a fifty day moving average of $43.08 and a 200 day moving average of $43.93. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $39.42 and a 52-week high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.155 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.86 dividend on an annualized basis and a yield of 4.23%. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15.

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.