Foundations Investment Advisors LLC Increases Stake in First Trust TCW Opportunistic Fixed Income ETF

During the third quarter, Foundations Investment Advisors LLC increased its position in the First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 15.0%. According to recent reports from HoldingsChannel, the firm now holds 54,558 shares of FIXD, following the acquisition of an additional 7,098 shares during this period. The value of Foundations Investment Advisors LLC’s shares in the ETF is approximately $2.47 million based on the latest filing with the SEC.

Other investment firms have also made changes to their holdings in FIXD. For instance, Cannon Financial Strategists Inc. raised its stake by 14.5% in the same quarter, bringing their total to 87,652 shares valued at around $3.91 million after purchasing an additional 11,071 shares. Similarly, Cedrus LLC saw a significant increase of 37.2%, accumulating 333,069 shares worth $15.07 million after adding 90,364 shares this quarter.

New Century Financial Group LLC also entered the scene by acquiring a new position in the ETF valued at about $355,000. Additionally, Commonwealth Equity Services LLC increased its holdings by 2.5%, bringing its total to 1,026,552 shares worth $46.44 million after purchasing an extra 25,256 shares. Lastly, Alpha Financial Advisors LLC reported a 4.8% increase, owning 398,505 shares now valued at $18.03 million after acquiring an additional 18,272 shares.

Current Stock Performance of First Trust TCW Opportunistic Fixed Income ETF

As of Wednesday, FIXD stock opened at $43.95. It has a 50-day moving average of $45.01 and a two-hundred day moving average of $43.84. The ETF's stock has experienced a twelve-month range with a low of $40.86 and a high of $46.80.

Dividend Announcement from First Trust TCW Opportunistic Fixed Income ETF

The ETF recently announced a monthly dividend of $0.155, set to be paid on October 31st. Shareholders who were on record as of October 22nd will receive this dividend. The ex-dividend date was also on October 22nd. This equates to an annualized dividend of $1.86, providing a yield of 4.23%.

About the First Trust TCW Opportunistic Fixed Income ETF

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that seeks to track the Bloomberg Global Aggregate Bond index. This actively managed fund offers a broad maturity bond investment strategy while aiming for a weighted average duration close to that of the Bloomberg US Aggregate Index.

Get the Latest on FIXD

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investment, ETF, dividend