First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Announces Dividend Increase – $0.08 Per Share

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXDGet Rating) announced a monthly dividend on Monday, May 23rd, Zacks reports. Stockholders of record on Wednesday, May 25th will be paid a dividend of 0.08 per share on Tuesday, May 31st. This represents a $0.96 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Tuesday, May 24th. This is a boost from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.08.

NASDAQ:FIXD traded up $0.02 during mid-day trading on Wednesday, hitting $47.55. The stock had a trading volume of 606 shares, compared to its average volume of 818,250. The stock has a 50-day simple moving average of $48.27 and a two-hundred day simple moving average of $50.91. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $46.84 and a twelve month high of $54.42.

Large investors have recently modified their holdings of the stock. Beacon Pointe Advisors LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 924.4% in the first quarter. Beacon Pointe Advisors LLC now owns 315,213 shares of the company’s stock valued at $15,628,000 after purchasing an additional 284,444 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 500.1% during the first quarter. Renaissance Technologies LLC now owns 43,209 shares of the company’s stock worth $2,142,000 after acquiring an additional 36,009 shares during the last quarter. Sowell Financial Services LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth approximately $345,000. Founders Financial Securities LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.5% during the first quarter. Founders Financial Securities LLC now owns 112,804 shares of the company’s stock worth $5,593,000 after purchasing an additional 1,715 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6,082.4% during the first quarter. First Trust Advisors LP now owns 245,010 shares of the company’s stock worth $12,148,000 after purchasing an additional 241,047 shares during the period.

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Dividend History for First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

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