Archer Investment Corp Purchases 995 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Archer Investment Corp lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,817 shares of the company’s stock after purchasing an additional 995 shares during the period. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 1.2% of Archer Investment Corp’s investment portfolio, making the stock its 15th biggest holding. Archer Investment Corp owned approximately 0.07% of First Trust TCW Opportunistic Fixed Income ETF worth $3,694,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FIXD. J.W. Cole Advisors Inc. lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.8% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 9,731 shares of the company’s stock valued at $409,000 after acquiring an additional 263 shares during the last quarter. Silver Oak Securities Incorporated boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 13.8% during the 3rd quarter. Silver Oak Securities Incorporated now owns 114,383 shares of the company’s stock valued at $4,810,000 after purchasing an additional 13,828 shares during the last quarter. Lincoln National Corp acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at about $461,000. Keystone Wealth Services LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 9.5% in the 4th quarter. Keystone Wealth Services LLC now owns 36,390 shares of the company’s stock worth $1,623,000 after buying an additional 3,149 shares during the last quarter. Finally, Sowell Financial Services LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 15.3% in the 4th quarter. Sowell Financial Services LLC now owns 11,890 shares of the company’s stock worth $530,000 after buying an additional 1,581 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.5 %

Shares of NASDAQ:FIXD traded up $0.23 during mid-day trading on Wednesday, reaching $42.39. The company had a trading volume of 399,513 shares, compared to its average volume of 850,033. The company’s 50-day moving average price is $43.43 and its 200-day moving average price is $43.20. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $40.86 and a one year high of $45.60.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.155 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.86 dividend on an annualized basis and a yield of 4.39%.

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.