First Trust TCW Opportunistic Fixed Income ETF $FIXD Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 114.6% in the 1st quarter, Holdings Channel reports. The firm owned 75,469 shares of the company’s stock after purchasing an additional 40,294 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $3,290,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FIXD. Merkkuri Wealth Advisors LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at $35,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the third quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after buying an additional 265 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $143,000. Bank of Montreal Can acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $154,000. Finally, First Horizon Corp acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $179,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD opened at $42.95 on Tuesday. The company’s 50-day moving average price is $43.46 and its 200-day moving average price is $43.87. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $42.51 and a twelve month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.165 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, July 21st.

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.