Gateway Wealth Partners LLC Raises Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Gateway Wealth Partners LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 82,357 shares of the company’s stock after purchasing an additional 1,316 shares during the period. First Trust TCW Opportunistic Fixed Income ETF accounts for 1.0% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 23rd largest position. Gateway Wealth Partners LLC owned about 0.07% of First Trust TCW Opportunistic Fixed Income ETF worth $3,726,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 10.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock worth $62,000 after acquiring an additional 13,402 shares during the last quarter. 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 worth $65,000 after acquiring an additional 384 shares during the last quarter. Palisade Asset Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter worth about $73,000. Hantz Financial Services Inc. bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter worth about $117,000. Finally, Freestone Capital Holdings LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter worth about $201,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ FIXD opened at $43.73 on Tuesday. The stock’s 50-day simple moving average is $44.93 and its two-hundred day simple moving average is $43.87. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.00 and a twelve month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $1.86 annualized dividend and a dividend yield of 4.25%.

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.