First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Down 62.5% in May

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 8,433 shares, a decline of 62.5% from the April 30th total of 22,468 shares. Based on an average daily trading volume, of 551,183 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.06 on Friday, reaching $43.75. The stock had a trading volume of 326,704 shares, compared to its average volume of 416,386. The business’s 50-day moving average price is $43.66 and its two-hundred day moving average price is $44.14. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $42.51 and a fifty-two week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Thursday, May 21st.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of FIXD. First Trust Advisors LP raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 5.2% during the 2nd quarter. First Trust Advisors LP now owns 135,379 shares of the company’s stock valued at $5,942,000 after purchasing an additional 6,676 shares during the last quarter. Qube Research & Technologies Ltd grew its position in First Trust TCW Opportunistic Fixed Income ETF by 805.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock worth $215,000 after purchasing an additional 4,359 shares during the last quarter. Betterment LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the 2nd quarter. Betterment LLC now owns 74,432 shares of the company’s stock worth $3,267,000 after purchasing an additional 2,468 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter worth $3,387,000. Finally, Ausdal Financial Partners Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 22.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 28,559 shares of the company’s stock worth $1,253,000 after purchasing an additional 5,307 shares during the last quarter.

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.