First Trust Launches the First Trust TCW Securitized Plus ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust TCW Securitized Plus ETF (NYSE Arca: DEED) (the “fund”). The portfolio is sub-advised and managed by TCW Investment Management Company LLC (“TCW”).