Truist Financial Corp Has $56.94 Million Stock Position in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Truist Financial Corp boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,281,747 shares of the company’s stock after purchasing an additional 19,175 shares during the quarter. Truist Financial Corp owned 1.68% of First Trust TCW Opportunistic Fixed Income ETF worth $56,935,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FIXD. Richardson Capital Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth about $37,000. Moneywise Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at about $203,000. Asset Allocation Strategies LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $205,000. ROI Financial Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at about $204,000. Finally, Qube Research & Technologies Ltd increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 805.7% during the second quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock valued at $215,000 after acquiring an additional 4,359 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.0%

First Trust TCW Opportunistic Fixed Income ETF stock opened at $44.23 on Thursday. The business has a 50 day moving average price of $44.39 and a two-hundred day moving average price of $44.30. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.16 and a 12 month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 21st will be given a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, January 21st.

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