First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Sees Significant Decrease in Short Interest

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,403 shares, a decline of 86.6% from the May 31st total of 10,483 shares. Based on an average daily trading volume, of 11,428 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On First Trust TCW Securitized Plus ETF

A number of large investors have recently added to or reduced their stakes in DEED. Goldman Sachs Group Inc. bought a new position in shares of First Trust TCW Securitized Plus ETF in the first quarter valued at approximately $980,000. Jane Street Group LLC lifted its position in First Trust TCW Securitized Plus ETF by 378.5% during the 1st quarter. Jane Street Group LLC now owns 88,727 shares of the company’s stock worth $1,876,000 after acquiring an additional 70,183 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in First Trust TCW Securitized Plus ETF during the 2nd quarter worth $143,000. Geneos Wealth Management Inc. boosted its holdings in First Trust TCW Securitized Plus ETF by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $63,000 after acquiring an additional 2,000 shares during the period. Finally, Equitable Holdings Inc. boosted its holdings in First Trust TCW Securitized Plus ETF by 4.3% during the third quarter. Equitable Holdings Inc. now owns 105,363 shares of the company’s stock valued at $2,253,000 after acquiring an additional 4,358 shares during the period.

First Trust TCW Securitized Plus ETF Stock Performance

Shares of DEED traded up $0.03 during trading hours on Friday, hitting $21.42. 4,839 shares of the company were exchanged, compared to its average volume of 42,802. The firm’s 50 day moving average is $21.34 and its 200-day moving average is $21.51. First Trust TCW Securitized Plus ETF has a 52 week low of $20.85 and a 52 week high of $22.03.

About First Trust TCW Securitized Plus ETF

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.