First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Holdings Lifted by TCP Asset Management LLC

TCP Asset Management LLC increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 32.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,013 shares of the company’s stock after buying an additional 73,431 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF accounts for approximately 3.5% of TCP Asset Management LLC’s holdings, making the stock its 11th biggest position. TCP Asset Management LLC owned approximately 0.25% of First Trust TCW Opportunistic Fixed Income ETF worth $13,168,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FIXD. Creekmur Asset Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $49,000. Sound Income Strategies LLC grew its stake in shares of 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 purchasing an additional 1,301 shares during the period. Scarborough Advisors LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $134,000. WMG Financial Advisors LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $204,000. Finally, KG&L Capital Management LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $216,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD stock traded up $0.24 during trading hours on Wednesday, reaching $43.21. The company had a trading volume of 333,999 shares, compared to its average volume of 750,508. The company has a 50 day moving average of $42.97 and a 200 day moving average of $43.44. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $40.86 and a 1-year high of $44.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a 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.