SRS Capital Advisors Inc. Acquires 427,877 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

SRS Capital Advisors Inc. increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 297,136.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 428,021 shares of the company’s stock after purchasing an additional 427,877 shares during the period. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 1.2% of SRS Capital Advisors Inc.’s holdings, making the stock its 28th largest position. SRS Capital Advisors Inc. owned about 0.42% of First Trust TCW Opportunistic Fixed Income ETF worth $18,392,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kestra Investment Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth approximately $51,000. Icon Wealth Advisors LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth approximately $112,000. Oregon Pacific Wealth Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth approximately $201,000. J.W. Cole Advisors Inc. lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 12.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock worth $223,000 after acquiring an additional 555 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 6.1% during the third quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock worth $249,000 after acquiring an additional 318 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD stock opened at $44.00 on Friday. The firm has a 50 day moving average price of $43.08 and a two-hundred day moving average price of $43.92. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $39.42 and a 12-month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

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