Fagan Associates Inc. Buys 69,491 Shares of First Trust TCW Opportunistic Fixed Income ETF $FIXD

Fagan Associates Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 69,491 shares of the company’s stock, valued at approximately $2,868,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the first quarter worth about $35,000. GK Wealth Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $58,000. NI Acquisitions Company LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth about $66,000. Coppell Advisory Solutions LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at about $122,000. Finally, Compass Financial Management LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at about $179,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.04 during midday trading on Tuesday, hitting $41.51. The company had a trading volume of 719,268 shares, compared to its average volume of 415,288. The company has a fifty day simple moving average of $42.38 and a 200 day simple moving average of $43.12. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $38.56 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.1650 per share. This represents a $1.98 annualized dividend and a 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.