First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Shares Acquired by GDS Wealth Management

GDS Wealth Management boosted its holdings in shares of First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) by 19.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 716,123 shares of the company’s stock after buying an additional 115,259 shares during the quarter. First Trust TCW Securitized Plus ETF accounts for about 1.6% of GDS Wealth Management’s portfolio, making the stock its 22nd largest holding. GDS Wealth Management owned about 25.13% of First Trust TCW Securitized Plus ETF worth $14,774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Scarborough Advisors LLC acquired a new position in shares of First Trust TCW Securitized Plus ETF in the 4th quarter valued at about $27,000. ICA Group Wealth Management LLC acquired a new position in First Trust TCW Securitized Plus ETF in the fourth quarter valued at approximately $84,000. Ashton Thomas Private Wealth LLC purchased a new stake in First Trust TCW Securitized Plus ETF in the 2nd quarter worth approximately $238,000. Chicago Partners Investment Group LLC grew its stake in shares of First Trust TCW Securitized Plus ETF by 0.9% during the 4th quarter. Chicago Partners Investment Group LLC now owns 57,398 shares of the company’s stock worth $1,184,000 after purchasing an additional 517 shares during the period. Finally, Condor Capital Management purchased a new position in shares of First Trust TCW Securitized Plus ETF during the 4th quarter valued at approximately $2,215,000.

First Trust TCW Securitized Plus ETF Stock Performance

DEED stock opened at $21.98 on Tuesday. The firm’s fifty day moving average is $21.30 and its 200 day moving average is $20.81. First Trust TCW Securitized Plus ETF has a one year low of $19.28 and a one year high of $22.03.

First Trust TCW Securitized Plus ETF Company Profile

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.