First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Update

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 4,768 shares, a drop of 94.6% from the July 30th total of 88,524 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 287,342 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Merkkuri Wealth Advisors LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at $35,000. JPMorgan Chase & Co. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after purchasing an additional 265 shares during the last quarter. NI Acquisitions Company LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter worth $66,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $143,000. Finally, Bank of Montreal Can acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter worth $154,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ:FIXD traded up $0.21 on Tuesday, hitting $43.05. 160,667 shares of the stock were exchanged, compared to its average volume of 380,684. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $42.51 and a 52 week high of $45.15. The company’s 50-day moving average price is $43.23 and its 200 day moving average price is $43.67.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 21st will be issued a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, August 21st.

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.