First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Large Increase in Short Interest

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 36,673 shares, an increase of 669.1% from the August 15th total of 4,768 shares. Based on an average trading volume of 213,428 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

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

Several large investors have recently modified their holdings of FIXD. Rossby Financial LCC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.9% in the 4th quarter. Rossby Financial LCC now owns 14,104 shares of the company’s stock worth $625,000 after purchasing an additional 261 shares during the period. JPMorgan Chase & Co. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the third quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after buying an additional 265 shares during the period. GeoWealth Management LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 5.4% during the third quarter. GeoWealth Management LLC now owns 6,352 shares of the company’s stock valued at $282,000 after buying an additional 323 shares during the period. Advisory Alpha LLC grew its position in First Trust TCW Opportunistic Fixed Income ETF by 1.8% during the fourth quarter. Advisory Alpha LLC now owns 20,770 shares of the company’s stock valued at $921,000 after buying an additional 376 shares during the period. Finally, Allworth Financial LP increased its holdings in First Trust TCW Opportunistic Fixed Income ETF by 8.6% during the second quarter. Allworth Financial LP now owns 4,805 shares of the company’s stock valued at $210,000 after buying an additional 380 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD opened at $42.30 on Friday. The company has a 50 day simple moving average of $43.00 and a two-hundred day simple moving average of $43.51. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $41.95 and a fifty-two week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were paid a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, August 21st.

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.