Elios Financial Group Inc. Buys New Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Elios Financial Group Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 396,450 shares of the company’s stock, valued at approximately $17,935,000. First Trust TCW Opportunistic Fixed Income ETF makes up approximately 8.3% of Elios Financial Group Inc.’s holdings, making the stock its largest position.

Several other hedge funds have also modified their holdings of FIXD. Signaturefd LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 34.4% in the 2nd quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock valued at $65,000 after buying an additional 384 shares during the period. Hantz Financial Services Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter worth about $117,000. Kaydan Wealth Management Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter valued at $212,000. Daymark Wealth Partners LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth about $228,000. Finally, International Assets Investment Management LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 11.3% during the second quarter. International Assets Investment Management LLC now owns 5,441 shares of the company’s stock worth $234,000 after acquiring an additional 552 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD opened at $43.73 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $41.90 and a fifty-two week high of $46.80. The firm has a 50 day simple moving average of $44.28 and a 200 day simple moving average of $44.04.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a dividend of $0.145 per share. The ex-dividend date is Thursday, November 21st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.98%.

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.