First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Update

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 131,873 shares, a growth of 1,463.8% from the May 14th total of 8,433 shares. Based on an average trading volume of 432,775 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD stock traded down $0.06 on Wednesday, hitting $43.42. The stock had a trading volume of 732,909 shares, compared to its average volume of 412,880. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $42.51 and a twelve month high of $45.15. The company has a fifty day moving average price of $43.65 and a two-hundred day moving average price of $44.10.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, May 21st.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIXD. Founders Financial Alliance LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after purchasing an additional 499 shares during the period. Merkkuri Wealth Advisors LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at about $35,000. JPMorgan Chase & Co. raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after purchasing an additional 265 shares during the period. IFC & Insurance Marketing Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $143,000. Finally, Bank of Montreal Can bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $154,000.

First Trust TCW Opportunistic Fixed Income ETF Company 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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.