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

CoreCap Advisors LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 27.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 198,246 shares of the company’s stock after acquiring an additional 42,816 shares during the quarter. CoreCap Advisors LLC owned about 0.29% of First Trust TCW Opportunistic Fixed Income ETF worth $8,182,000 at the end of the most recent quarter.

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

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.4%

NASDAQ:FIXD 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 fifty 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 disclosed 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 dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, September 24th.

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