First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Strong Trading Volume – Here’s Why

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) shares saw strong trading volume on Wednesday . 1,600,854 shares were traded during trading, an increase of 111% from the previous session’s volume of 760,173 shares.The stock last traded at $43.45 and had previously closed at $43.42.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

The firm’s fifty day moving average price is $44.62 and its 200-day moving average price is $43.98.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a $0.155 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.86 annualized dividend and a dividend yield of 4.29%.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Institutional investors have recently modified their holdings of the business. Strategic Financial Concepts LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.2% in the second quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock worth $62,000 after purchasing an additional 13,402 shares during the last quarter. Signaturefd LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the second quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock valued at $65,000 after acquiring an additional 384 shares during the last quarter. Icon Wealth Advisors LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at $112,000. Hantz Financial Services Inc. bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at $117,000. Finally, Freestone Capital Holdings LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at $201,000.

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.