Nations Financial Group Inc. IA ADV Raises Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Nations Financial Group Inc. IA ADV grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 25.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,320 shares of the company’s stock after purchasing an additional 27,984 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF makes up about 0.6% of Nations Financial Group Inc. IA ADV’s holdings, making the stock its 28th biggest position. Nations Financial Group Inc. IA ADV owned 0.12% of First Trust TCW Opportunistic Fixed Income ETF worth $6,125,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HCR Wealth Advisors grew its position in First Trust TCW Opportunistic Fixed Income ETF by 34.9% in the 4th quarter. HCR Wealth Advisors now owns 58,423 shares of the company’s stock valued at $2,606,000 after buying an additional 15,112 shares during the last quarter. Orion Portfolio Solutions LLC raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 10.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 165,543 shares of the company’s stock valued at $7,320,000 after purchasing an additional 15,103 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 14.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 838,198 shares of the company’s stock valued at $37,388,000 after acquiring an additional 107,502 shares during the last quarter. BlackDiamond Wealth Management LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 19.3% during the 4th quarter. BlackDiamond Wealth Management LLC now owns 70,802 shares of the company’s stock valued at $3,100,000 after acquiring an additional 11,476 shares during the last quarter. Finally, Assetmark Inc. increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 58.3% during the 4th quarter. Assetmark Inc. now owns 197,895 shares of the company’s stock valued at $8,827,000 after acquiring an additional 72,901 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.2 %

FIXD traded up $0.09 on Friday, reaching $42.82. 597,893 shares of the company’s stock were exchanged, compared to its average volume of 788,265. The company’s 50 day moving average is $42.86 and its 200-day moving average is $43.40. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $40.86 and a twelve month high of $44.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a dividend yield of 4.34%. The ex-dividend date is Tuesday, May 21st.

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.