Drake & Associates LLC Has $24.74 Million Stock Position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Drake & Associates LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 564,371 shares of the company’s stock after purchasing an additional 7,481 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF makes up approximately 7.0% of Drake & Associates LLC’s investment portfolio, making the stock its 4th biggest position. Drake & Associates LLC owned approximately 0.67% of First Trust TCW Opportunistic Fixed Income ETF worth $24,742,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter valued at approximately $158,285,000. Coppell Advisory Solutions LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 92.0% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,992,193 shares of the company’s stock valued at $85,933,000 after purchasing an additional 954,342 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 32.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,716,682 shares of the company’s stock valued at $73,792,000 after buying an additional 419,858 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,048,899 shares of the company’s stock valued at $45,071,000 after buying an additional 22,347 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 3.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,032,722 shares of the company’s stock worth $45,120,000 after buying an additional 39,106 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD opened at $43.79 on Friday. The business’s 50-day simple moving average is $43.43 and its two-hundred day simple moving average is $43.36. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $39.42 and a 52 week high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a dividend yield of 4.25%. The ex-dividend date was Thursday, June 26th.

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.