Orion Portfolio Solutions LLC Sells 74,219 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Orion Portfolio Solutions LLC cut its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 44.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 94,559 shares of the company’s stock after selling 74,219 shares during the period. Orion Portfolio Solutions LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $4,063,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FIXD. Ausdal Financial Partners Inc. raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 39.2% during the fourth quarter. Ausdal Financial Partners Inc. now owns 48,392 shares of the company’s stock worth $2,079,000 after buying an additional 13,616 shares during the last quarter. Sequent Planning LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.1% in the 4th quarter. Sequent Planning LLC now owns 105,928 shares of the company’s stock valued at $4,552,000 after purchasing an additional 1,160 shares during the period. Horizon Investments LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.6% during the 4th quarter. Horizon Investments LLC now owns 208,962 shares of the company’s stock valued at $8,948,000 after purchasing an additional 1,274 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 3.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,032,722 shares of the company’s stock worth $45,120,000 after purchasing an additional 39,106 shares during the period. Finally, Axxcess Wealth Management LLC increased its holdings in First Trust TCW Opportunistic Fixed Income ETF by 1.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 604,876 shares of the company’s stock worth $25,992,000 after purchasing an additional 9,448 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD opened at $43.75 on Monday. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $39.42 and a 52-week high of $46.80. The business’s 50 day moving average price is $43.46 and its two-hundred day moving average price is $43.74.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Thursday, March 27th.

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.