GDS Wealth Management Buys 98,140 Shares of First Trust TCW Securitized Plus ETF (NYSEARCA:DEED)

GDS Wealth Management boosted its stake in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) by 12.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 905,926 shares of the company’s stock after acquiring an additional 98,140 shares during the period. First Trust TCW Securitized Plus ETF accounts for 1.7% of GDS Wealth Management’s investment portfolio, making the stock its 19th largest holding. GDS Wealth Management owned about 31.79% of First Trust TCW Securitized Plus ETF worth $18,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DEED. Chicago Partners Investment Group LLC increased its stake in First Trust TCW Securitized Plus ETF by 0.9% in the third quarter. Chicago Partners Investment Group LLC now owns 58,961 shares of the company’s stock valued at $1,238,000 after purchasing an additional 507 shares in the last quarter. Blackhawk Capital Partners LLC. grew its stake in shares of First Trust TCW Securitized Plus ETF by 1.1% in the 3rd quarter. Blackhawk Capital Partners LLC. now owns 118,250 shares of the company’s stock valued at $2,573,000 after buying an additional 1,243 shares during the period. Running Point Capital Advisors LLC increased its position in First Trust TCW Securitized Plus ETF by 13.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 13,958 shares of the company’s stock valued at $304,000 after buying an additional 1,631 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in First Trust TCW Securitized Plus ETF by 140.4% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 27,694 shares of the company’s stock worth $603,000 after buying an additional 16,174 shares during the period. Finally, Raymond James & Associates boosted its holdings in First Trust TCW Securitized Plus ETF by 30.6% in the third quarter. Raymond James & Associates now owns 148,259 shares of the company’s stock worth $3,226,000 after acquiring an additional 34,768 shares in the last quarter.

First Trust TCW Securitized Plus ETF Stock Performance

DEED opened at $20.85 on Tuesday. First Trust TCW Securitized Plus ETF has a 1-year low of $19.87 and a 1-year high of $22.03. The company’s fifty day moving average price is $20.80 and its two-hundred day moving average price is $21.12.

First Trust TCW Securitized Plus ETF Profile

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.