First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Down 42.2% in August

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,601 shares, a decrease of 42.2% from the July 30th total of 4,501 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 28,925 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DEED. NewEdge Advisors LLC lifted its stake in shares of First Trust TCW Securitized Plus ETF by 30.7% in the 4th quarter. NewEdge Advisors LLC now owns 312,276 shares of the company’s stock valued at $6,745,000 after acquiring an additional 73,380 shares during the last quarter. Raymond James Financial Inc. raised its position in First Trust TCW Securitized Plus ETF by 4.7% in the third quarter. Raymond James Financial Inc. now owns 165,127 shares of the company’s stock valued at $3,530,000 after purchasing an additional 7,339 shares during the last quarter. Equitable Holdings Inc. raised its position in First Trust TCW Securitized Plus ETF by 10.3% in the fourth quarter. Equitable Holdings Inc. now owns 116,166 shares of the company’s stock valued at $2,509,000 after purchasing an additional 10,803 shares during the last quarter. Milestones Private Investment Advisors LLC boosted its stake in shares of First Trust TCW Securitized Plus ETF by 4.5% during the first quarter. Milestones Private Investment Advisors LLC now owns 97,485 shares of the company’s stock valued at $2,079,000 after purchasing an additional 4,213 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of First Trust TCW Securitized Plus ETF by 378.5% during the first quarter. Jane Street Group LLC now owns 88,727 shares of the company’s stock valued at $1,876,000 after purchasing an additional 70,183 shares in the last quarter.

First Trust TCW Securitized Plus ETF Stock Down 0.2%

Shares of First Trust TCW Securitized Plus ETF stock opened at $21.09 on Friday. The firm’s 50 day moving average is $21.23 and its 200 day moving average is $21.39. First Trust TCW Securitized Plus ETF has a 1 year low of $20.97 and a 1 year 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.