Geneos Wealth Management Inc. Raises Holdings in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Geneos Wealth Management Inc. grew its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 51.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 856,734 shares of the company’s stock after purchasing an additional 291,705 shares during the period. First Trust TCW Opportunistic Fixed Income ETF comprises about 0.9% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 13th biggest holding. Geneos Wealth Management Inc.’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $37,345,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of FIXD. Merkkuri Wealth Advisors LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at $35,000. JPMorgan Chase & Co. raised its position in First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after buying an additional 265 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth about $143,000. Bank of Montreal Can bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $154,000. Finally, First Horizon Corp bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $179,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.2%

Shares of NASDAQ FIXD opened at $43.38 on Thursday. The firm’s 50-day moving average price is $43.53 and its 200-day moving average price is $43.94. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $42.51 and a 52-week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.165 per share. The ex-dividend date was Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.