First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Large Volume Increase – What’s Next?

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) shares saw strong trading volume on Friday . 1,229,039 shares changed hands during trading, an increase of 49% from the previous session’s volume of 822,288 shares.The stock last traded at $43.69 and had previously closed at $43.47.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

The business’s 50 day moving average price is $43.46 and its 200-day moving average price is $43.75.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Thursday, March 27th.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Maripau Wealth Management LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 1.7% in the 4th quarter. Maripau Wealth Management LLC now owns 18,749 shares of the company’s stock valued at $806,000 after purchasing an additional 308 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.5% during the fourth quarter. Perigon Wealth Management LLC now owns 19,562 shares of the company’s stock worth $841,000 after buying an additional 470 shares in the last quarter. Private Trust Co. NA boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.6% in the fourth quarter. Private Trust Co. NA now owns 14,521 shares of the company’s stock valued at $624,000 after acquiring an additional 509 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock valued at $223,000 after acquiring an additional 555 shares in the last quarter. Finally, Laraway Financial Advisors Inc increased its position in First Trust TCW Opportunistic Fixed Income ETF by 4.0% during the fourth quarter. Laraway Financial Advisors Inc now owns 21,952 shares of the company’s stock worth $943,000 after acquiring an additional 837 shares during the period.

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.