Concorde Asset Management LLC Decreases Stock Holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Concorde Asset Management LLC reduced its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 8.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,743 shares of the company’s stock after selling 769 shares during the period. Concorde Asset Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $396,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Freestone Capital Holdings LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at $201,000. Kestra Advisory Services LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 17.3% in the first quarter. Kestra Advisory Services LLC now owns 1,141,143 shares of the company’s stock valued at $49,754,000 after purchasing an additional 168,175 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at $5,714,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 63.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 91,153 shares of the company’s stock valued at $3,833,000 after purchasing an additional 35,215 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at $37,365,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD stock opened at $43.26 on Friday. The firm has a fifty day simple moving average of $44.37 and a 200-day simple moving average of $44.01. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.90 and a twelve month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a $0.145 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.74 annualized dividend and a dividend yield of 4.02%.

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.