Fagan Associates Inc. Makes New Investment in First Trust TCW Opportunistic Fixed Income ETF $FIXD

Fagan Associates Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the third quarter, according to its most recent filing with the SEC. The firm purchased 69,491 shares of the company’s stock, valued at approximately $2,868,000. Fagan Associates Inc. owned 0.10% of First Trust TCW Opportunistic Fixed Income ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Park National Corp OH bought a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at about $30,519,000. Citadel Advisors LLC lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 742.9% during the second quarter. Citadel Advisors LLC now owns 485,591 shares of the company’s stock valued at $21,177,000 after buying an additional 427,984 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 51.6% during the first quarter. Geneos Wealth Management Inc. now owns 856,734 shares of the company’s stock valued at $37,345,000 after buying an additional 291,705 shares during the last quarter. Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at about $122,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 25.3% in the 2nd quarter. NewEdge Advisors LLC now owns 1,073,904 shares of the company’s stock valued at $46,833,000 after buying an additional 216,559 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.1%

Shares of NASDAQ:FIXD traded up $0.04 during trading on Tuesday, reaching $41.51. The stock had a trading volume of 719,268 shares, compared to its average volume of 415,288. The firm’s 50-day simple moving average is $42.38 and its 200 day simple moving average is $43.12. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $38.56 and a one year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

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

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.