First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Shares Sold by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC trimmed its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 90.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,928 shares of the company’s stock after selling 212,809 shares during the period. First Trust TCW Opportunistic Fixed Income ETF comprises about 0.7% of Flynn Zito Capital Management LLC’s holdings, making the stock its 20th biggest position. Flynn Zito Capital Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $978,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of FIXD. JPMorgan Chase & Co. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 61.3% during the 1st quarter. JPMorgan Chase & Co. now owns 6,784 shares of the company’s stock valued at $336,000 after acquiring an additional 2,579 shares during the period. Bank of New York Mellon Corp increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 108.7% during the 1st quarter. Bank of New York Mellon Corp now owns 52,554 shares of the company’s stock worth $2,606,000 after purchasing an additional 27,374 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 14.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,734 shares of the company’s stock worth $135,000 after purchasing an additional 346 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 23.9% during the 1st quarter. NewEdge Advisors LLC now owns 180,554 shares of the company’s stock worth $8,952,000 after purchasing an additional 34,827 shares in the last quarter. Finally, Equitable Holdings Inc. increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.3% during the 1st quarter. Equitable Holdings Inc. now owns 78,927 shares of the company’s stock worth $3,913,000 after purchasing an additional 7,375 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.3 %

Shares of FIXD traded down $0.14 during mid-day trading on Thursday, reaching $42.26. 825,783 shares of the company’s stock were exchanged, compared to its average volume of 850,604. The company has a 50-day simple moving average of $43.40 and a two-hundred day simple moving average of $43.19. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $40.86 and a 52-week high of $45.60.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.40%.

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.