Archer Investment Corp Raises Stock Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Archer Investment Corp boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.2% in the 4th quarter, Holdings Channel reports. 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 about 1.2% of Archer Investment Corp’s investment portfolio, making the stock its 15th biggest holding. Archer Investment Corp’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $3,694,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at $34,000. Sound Income Strategies LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 942.8% in the 4th quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock valued at $64,000 after buying an additional 1,301 shares during the period. Tyler Stone Wealth Management acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter valued at $66,000. PNC Financial Services Group Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 27.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,762 shares of the company’s stock valued at $78,000 after buying an additional 375 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 269.4% in the 1st quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $84,000 after buying an additional 1,347 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD traded up $0.23 during trading on Wednesday, hitting $42.39. The stock 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 twelve month low of $40.86 and a twelve month high of $45.60.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.155 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.86 annualized dividend and a yield of 4.39%.

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.