GDS Wealth Management Buys 58,775 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

GDS Wealth Management raised its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 12.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 520,633 shares of the company’s stock after buying an additional 58,775 shares during the period. First Trust TCW Opportunistic Fixed Income ETF accounts for 1.5% of GDS Wealth Management’s holdings, making the stock its 22nd largest holding. GDS Wealth Management owned approximately 0.68% of First Trust TCW Opportunistic Fixed Income ETF worth $23,127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIXD. Blackhawk Capital Partners LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.7% during the 3rd quarter. Blackhawk Capital Partners LLC now owns 76,615 shares of the company’s stock valued at $3,403,000 after acquiring an additional 4,105 shares in the last quarter. ERn Financial LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 7.8% in the third quarter. ERn Financial LLC now owns 130,284 shares of the company’s stock valued at $5,787,000 after purchasing an additional 9,446 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at about $505,000. Arkadios Wealth Advisors increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.8% in the third quarter. Arkadios Wealth Advisors now owns 6,066 shares of the company’s stock valued at $269,000 after buying an additional 873 shares during the period. Finally, Smithbridge Asset Management Inc. DE acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $439,000.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.1%

NASDAQ:FIXD opened at $44.26 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $41.16 and a one year high of $45.15. The firm’s 50 day simple moving average is $44.40 and its 200 day simple moving average is $44.29.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 21st will be issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, January 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.