BAM Wealth Management LLC Takes Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

BAM Wealth Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 11,608 shares of the company’s stock, valued at approximately $514,000.

A number of other institutional investors have also recently added to or reduced their stakes in FIXD. Ameriprise Financial Inc. raised its position in First Trust TCW Opportunistic Fixed Income ETF by 105.9% in the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock valued at $124,105,000 after purchasing an additional 1,454,463 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 2,270,157 shares of the company’s stock worth $100,840,000 after buying an additional 108,814 shares during the period. Truist Financial Corp grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.5% in the third quarter. Truist Financial Corp now owns 1,281,747 shares of the company’s stock valued at $56,935,000 after buying an additional 19,175 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.3% in the third quarter. HighTower Advisors LLC now owns 844,686 shares of the company’s stock valued at $37,521,000 after buying an additional 2,811 shares in the last quarter. Finally, Commonwealth Financial Services LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.2% during the 3rd quarter. Commonwealth Financial Services LLC now owns 715,827 shares of the company’s stock valued at $31,797,000 after buying an additional 8,421 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.74 on Monday. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $41.16 and a one year high of $45.15. The stock’s 50 day moving average price is $44.22 and its 200 day moving average price is $44.40.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.165 per share. The ex-dividend date was Thursday, March 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

First Trust TCW Opportunistic Fixed Income ETF 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.