First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Down 86.6% in June

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

First Trust TCW Securitized Plus ETF Trading Down 0.2%

Shares of DEED traded down $0.05 during mid-day trading on Friday, reaching $21.42. The company’s stock had a trading volume of 314 shares, compared to its average volume of 43,118. First Trust TCW Securitized Plus ETF has a 12-month low of $20.85 and a 12-month high of $22.03. The company’s 50 day moving average is $21.34 and its 200 day moving average is $21.51.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Guided Capital Wealth Management LLC boosted its holdings in shares of First Trust TCW Securitized Plus ETF by 27.1% in the 4th quarter. Guided Capital Wealth Management LLC now owns 425,437 shares of the company’s stock valued at $9,189,000 after buying an additional 90,756 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in First Trust TCW Securitized Plus ETF during the 4th quarter worth $146,000. LPL Financial LLC raised its stake in First Trust TCW Securitized Plus ETF by 4.4% during the 4th quarter. LPL Financial LLC now owns 88,383 shares of the company’s stock worth $1,909,000 after acquiring an additional 3,728 shares in the last quarter. Equitable Holdings Inc. lifted its position in First Trust TCW Securitized Plus ETF by 4.3% in 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 last quarter. Finally, Geneos Wealth Management Inc. lifted its position in First Trust TCW Securitized Plus ETF by 200.0% in 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 last quarter.

First Trust TCW Securitized Plus ETF Company Profile

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.