Bank of New York Mellon Corp Sells 108,899 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Bank of New York Mellon Corp cut its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 13.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 673,417 shares of the company’s stock after selling 108,899 shares during the period. Bank of New York Mellon Corp owned about 0.59% of First Trust TCW Opportunistic Fixed Income ETF worth $28,991,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Creekmur Asset Management LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $49,000. Palisade Asset Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at about $73,000. Scarborough Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth about $134,000. Freestone Capital Holdings LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth approximately $201,000. Finally, WMG Financial Advisors LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $204,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD stock opened at $44.95 on Wednesday. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $46.07. The business’s 50 day simple moving average is $44.11 and its 200 day simple moving average is $43.46.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 9th. Investors of record on Friday, August 30th will be given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Friday, August 30th.

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.