RDA Financial Network Cuts Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

RDA Financial Network cut its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,501 shares of the company’s stock after selling 774 shares during the quarter. RDA Financial Network’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $2,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Coppell Advisory Solutions Corp. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth $62,272,000. Jane Street Group LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at approximately $37,365,000. Cetera Investment Advisers boosted its stake 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 valued at $70,033,000 after acquiring an additional 764,778 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its holdings 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 purchasing an additional 762,655 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at $19,368,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.4 %

Shares of First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.18 during trading on Tuesday, reaching $44.58. The company’s stock had a trading volume of 451,455 shares, compared to its average volume of 732,334. The company has a 50-day simple moving average of $45.04 and a two-hundred day simple moving average of $43.80. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.155 per share. This is a positive change from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.17%.

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.