Miracle Mile Advisors LLC Increases Stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Miracle Mile Advisors LLC grew its stake in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) by 28.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,701 shares of the company’s stock after purchasing an additional 14,886 shares during the period. Miracle Mile Advisors LLC owned about 0.06% of First Trust TCW Opportunistic Fixed Income ETF worth $2,866,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth $1,257,000. GDS Wealth Management boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 19.8% during the 2nd quarter. GDS Wealth Management now owns 303,756 shares of the company’s stock worth $13,077,000 after acquiring an additional 50,221 shares in the last quarter. Axxcess Wealth Management LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% during the 2nd quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock valued at $24,611,000 after acquiring an additional 41,748 shares during the period. Concorde Asset Management LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter valued at about $409,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 11.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 119,101 shares of the company’s stock worth $5,127,000 after purchasing an additional 11,964 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD opened at $42.40 on Tuesday. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $39.42 and a 12 month high of $46.80. The stock’s 50 day moving average is $43.36 and its two-hundred day moving average is $44.08.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.145 dividend. This represents a $1.74 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Friday, December 13th.

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.