Axxcess Wealth Management LLC Increases Stock Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Axxcess Wealth Management LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 604,876 shares of the company’s stock after purchasing an additional 9,448 shares during the quarter. Axxcess Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $25,992,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. LPL Financial LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the third quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after buying an additional 615,776 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $158,285,000. Allen Capital Group LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.7% in the fourth quarter. Allen Capital Group LLC now owns 1,338,620 shares of the company’s stock valued at $57,520,000 after buying an additional 84,052 shares during the last quarter. Truist Financial Corp raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 37.1% in the fourth quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock valued at $56,985,000 after buying an additional 358,868 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,048,899 shares of the company’s stock valued at $45,071,000 after buying an additional 22,347 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.1 %

Shares of NASDAQ:FIXD opened at $43.71 on Tuesday. The company has a 50-day simple moving average of $43.27 and a 200-day simple moving average of $43.83. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $39.42 and a one year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The company also recently declared 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. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. This represents a $1.86 annualized dividend and a yield of 4.26%. The ex-dividend date was Friday, February 21st.

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.