TCP Asset Management LLC Purchases 73,431 Shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

TCP Asset Management LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 32.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 302,013 shares of the company’s stock after purchasing an additional 73,431 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF comprises about 3.5% of TCP Asset Management LLC’s investment portfolio, making the stock its 11th largest holding. TCP Asset Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $13,168,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIXD. AlphaMark Advisors LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 43.7% during the first quarter. AlphaMark Advisors LLC now owns 136,631 shares of the company’s stock worth $5,957,000 after buying an additional 41,554 shares during the period. Dominguez Wealth Management Solutions Inc. raised its position in First Trust TCW Opportunistic Fixed Income ETF by 4.2% during the first quarter. Dominguez Wealth Management Solutions Inc. now owns 313,828 shares of the company’s stock worth $13,683,000 after acquiring an additional 12,613 shares in the last quarter. Fifth Third Securities Inc. raised its position in First Trust TCW Opportunistic Fixed Income ETF by 21.9% during the first quarter. Fifth Third Securities Inc. now owns 102,671 shares of the company’s stock worth $4,476,000 after acquiring an additional 18,420 shares in the last quarter. Vicus Capital raised its position in First Trust TCW Opportunistic Fixed Income ETF by 36.9% during the first quarter. Vicus Capital now owns 30,016 shares of the company’s stock worth $1,309,000 after acquiring an additional 8,094 shares in the last quarter. Finally, Capital Asset Advisory Services LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 24.2% during the first quarter. Capital Asset Advisory Services LLC now owns 450,656 shares of the company’s stock worth $19,387,000 after acquiring an additional 87,682 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ FIXD traded up $0.24 on Wednesday, hitting $43.21. 333,999 shares of the stock were exchanged, compared to its average volume of 750,508. The business’s fifty day moving average is $42.97 and its 200 day moving average is $43.44. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $40.86 and a 52 week high of $44.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend was Thursday, June 27th.

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.