CoreCap Advisors LLC Grows Holdings in First Trust TCW Opportunistic Fixed Income ETF $FIXD

CoreCap Advisors LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 27.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 198,246 shares of the company’s stock after acquiring an additional 42,816 shares during the period. CoreCap Advisors LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $8,182,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIXD. Merkkuri Wealth Advisors LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter worth about $35,000. NI Acquisitions Company LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter valued at about $66,000. Coppell Advisory Solutions LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth approximately $122,000. Compass Financial Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth approximately $179,000. Finally, Advisortrust Partners LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter worth approximately $193,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

FIXD stock traded up $0.16 during midday trading on Thursday, hitting $41.46. The company had a trading volume of 1,047,980 shares, compared to its average volume of 415,578. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $38.56 and a 52 week high of $45.15. The stock’s 50 day moving average price is $42.46 and its 200 day moving average price is $43.17.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.1650 per share. This represents a $1.98 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Thursday, September 24th.

First Trust TCW Opportunistic Fixed Income ETF 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.