TCP Asset Management LLC Purchases 37,179 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

TCP Asset Management LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 408,110 shares of the company’s stock after acquiring an additional 37,179 shares during the quarter. First Trust TCW Opportunistic Fixed Income ETF makes up 3.0% of TCP Asset Management LLC’s portfolio, making the stock its 13th biggest position. TCP Asset Management LLC owned 0.52% of First Trust TCW Opportunistic Fixed Income ETF worth $18,087,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Ameriprise Financial Inc. lifted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 105.9% in the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after buying an additional 1,454,463 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1,940.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 578,922 shares of the company’s stock worth $25,715,000 after acquiring an additional 550,543 shares during the period. Geneos Wealth Management Inc. raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 181.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 540,649 shares of the company’s stock worth $23,729,000 after acquiring an additional 348,307 shares in the last quarter. Park National Corp OH lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 109.3% in the 4th quarter. Park National Corp OH now owns 331,976 shares of the company’s stock valued at $14,713,000 after purchasing an additional 173,336 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 776.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 142,500 shares of the company’s stock valued at $6,254,000 after purchasing an additional 126,240 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ FIXD opened at $43.56 on Friday. The stock’s 50 day moving average is $44.37 and its 200 day moving average is $44.46. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.16 and a twelve month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a yield of 4.5%.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.