Signature Estate & Investment Advisors LLC Sells 7,492,684 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Signature Estate & Investment Advisors LLC reduced its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 96.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 295,120 shares of the company’s stock after selling 7,492,684 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $12,681,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Kingsview Wealth Management LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.1% during the third quarter. Kingsview Wealth Management LLC now owns 68,531 shares of the company’s stock valued at $3,100,000 after acquiring an additional 2,029 shares in the last quarter. Acorn Wealth Advisors LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 9.0% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 41,211 shares of the company’s stock valued at $1,864,000 after purchasing an additional 3,393 shares during the period. Elios Financial Group Inc. bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter worth $17,935,000. D.A. Davidson & CO. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% in the 3rd quarter. D.A. Davidson & CO. now owns 55,084 shares of the company’s stock worth $2,492,000 after purchasing an additional 4,045 shares during the period. Finally, Townsquare Capital LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 22.1% during the 3rd quarter. Townsquare Capital LLC now owns 7,627 shares of the company’s stock valued at $345,000 after purchasing an additional 1,383 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD stock opened at $43.69 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $39.42 and a 1 year high of $46.80. The firm has a 50-day moving average of $43.39 and a 200 day moving average of $43.79.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a $0.155 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.86 annualized dividend and a dividend yield of 4.26%. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15.

First Trust TCW Opportunistic Fixed Income ETF 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.