Concorde Asset Management LLC Buys New Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Concorde Asset Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,512 shares of the company’s stock, valued at approximately $409,000.

Several other institutional investors have also bought and sold shares of FIXD. Signature Estate & Investment Advisors LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 11.3% in the second quarter. Signature Estate & Investment Advisors LLC now owns 7,530,581 shares of the company’s stock worth $324,192,000 after acquiring an additional 762,655 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 2.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,426,988 shares of the company’s stock valued at $197,466,000 after buying an additional 90,739 shares during the period. Raymond James & Associates raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 8.3% during the 2nd quarter. Raymond James & Associates now owns 2,244,969 shares of the company’s stock valued at $96,646,000 after buying an additional 171,517 shares during the period. Cetera Investment Advisers lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 90.9% in the first quarter. Cetera Investment Advisers now owns 1,606,270 shares of the company’s stock worth $70,033,000 after buying an additional 764,778 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth $62,272,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD opened at $45.53 on Thursday. The company’s fifty day simple moving average is $44.64 and its 200-day simple moving average is $43.63. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $40.86 and a twelve month high of $46.38.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 30th were given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date was Friday, August 30th.

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.