Drake & Associates LLC Has $17.86 Million Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Drake & Associates LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 17.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 404,398 shares of the company’s stock after purchasing an additional 59,709 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF accounts for about 8.0% of Drake & Associates LLC’s investment portfolio, making the stock its 2nd largest position. Drake & Associates LLC owned approximately 0.41% of First Trust TCW Opportunistic Fixed Income ETF worth $17,862,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 7.7% during the first quarter. Global Retirement Partners LLC now owns 4,194 shares of the company’s stock valued at $191,000 after purchasing an additional 301 shares in the last quarter. ShoreHaven Wealth Partners LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.5% in the first quarter. ShoreHaven Wealth Partners LLC now owns 9,365 shares of the company’s stock worth $422,000 after buying an additional 318 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 14.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,734 shares of the company’s stock worth $135,000 after buying an additional 346 shares in the last quarter. HCR Wealth Advisors lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 46,475 shares of the company’s stock worth $2,041,000 after buying an additional 409 shares in the last quarter. Finally, NewSquare Capital LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.2% in the first quarter. NewSquare Capital LLC now owns 15,290 shares of the company’s stock worth $689,000 after buying an additional 475 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD stock opened at $43.02 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $41.85 and a one year high of $46.05. The company’s fifty day moving average price is $43.54 and its 200-day moving average price is $44.32.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 31st. Stockholders of record on Wednesday, August 23rd were issued a $0.165 dividend. This represents a $1.98 annualized dividend and a dividend yield of 4.60%. The ex-dividend date was Tuesday, August 22nd.

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.