First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 722.3% in June

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 74,281 shares, an increase of 722.3% from the June 15th total of 9,033 shares. Based on an average trading volume of 387,205 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD opened at $43.35 on Monday. The firm’s fifty day simple moving average is $43.56 and its 200-day simple moving average is $43.96. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $42.51 and a fifty-two week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Institutional investors have recently bought and sold shares of the company. BAM Wealth Management LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $514,000. Alpha Financial Advisors LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.9% in the fourth quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock valued at $17,051,000 after purchasing an additional 31,524 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 87.3% during the 4th quarter. Farther Finance Advisors LLC now owns 106,490 shares of the company’s stock worth $4,720,000 after purchasing an additional 49,623 shares in the last quarter. CWM LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.6% during the 4th quarter. CWM LLC now owns 92,702 shares of the company’s stock worth $4,109,000 after purchasing an additional 13,212 shares during the last quarter. Finally, UBS Group AG raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 112.2% during the 4th quarter. UBS Group AG now owns 1,524,629 shares of the company’s stock worth $67,572,000 after purchasing an additional 806,153 shares during the last quarter.

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.