FSB Premier Wealth Management Inc. Has $9.18 Million Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

FSB Premier Wealth Management Inc. lowered its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 13.1% during the second quarter, Holdings Channel reports. The fund owned 213,133 shares of the company’s stock after selling 32,253 shares during the period. First Trust TCW Opportunistic Fixed Income ETF makes up approximately 4.1% of FSB Premier Wealth Management Inc.’s holdings, making the stock its 3rd biggest holding. FSB Premier Wealth Management Inc.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $9,175,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIXD. Archer Investment Corp boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 2.5% in the 2nd quarter. Archer Investment Corp now owns 86,554 shares of the company’s stock valued at $3,726,000 after buying an additional 2,127 shares during the last quarter. Founders Financial Securities LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 53.4% in the 2nd quarter. Founders Financial Securities LLC now owns 16,586 shares of the company’s stock worth $714,000 after purchasing an additional 5,777 shares during the last quarter. Laidlaw Wealth Management LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 3.9% during the second quarter. Laidlaw Wealth Management LLC now owns 44,412 shares of the company’s stock worth $1,912,000 after buying an additional 1,671 shares during the last quarter. Consolidated Portfolio Review Corp acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at approximately $603,000. Finally, Ritholtz Wealth Management boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% during the second quarter. Ritholtz Wealth Management now owns 6,505 shares of the company’s stock worth $280,000 after purchasing an additional 425 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD stock opened at $44.95 on Wednesday. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.86 and a 12-month high of $46.07. The firm has a fifty day moving average of $44.11 and a 200-day moving average of $43.46.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 9th. Shareholders of record on Friday, August 30th will be issued a $0.055 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.66 annualized dividend and a dividend yield of 1.47%.

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.