Miracle Mile Advisors LLC Makes New $1.50 Million Investment in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD)

Miracle Mile Advisors LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 34,829 shares of the company’s stock, valued at approximately $1,499,000.

Other large investors also recently bought and sold shares of the company. Creekmur Asset Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at $49,000. Palisade Asset Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth about $73,000. Scarborough Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth about $134,000. Freestone Capital Holdings LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $201,000. Finally, WMG Financial Advisors LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter valued at approximately $204,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD stock traded up $0.11 during mid-day trading on Friday, hitting $44.80. 565,022 shares of the company’s stock were exchanged, compared to its average volume of 739,620. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $40.86 and a fifty-two week high of $45.54. The stock has a 50-day simple moving average of $43.79 and a two-hundred day simple moving average of $43.39.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd were issued a $0.155 dividend. The ex-dividend date was Tuesday, July 23rd. This represents a $1.86 dividend on an annualized basis and a yield of 4.15%.

First Trust TCW Opportunistic Fixed Income ETF 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.