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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 102,400 shares, a decrease of 75.1% from the November 15th total of 411,800 shares. Based on an average trading volume of 1,029,600 shares, the days-to-cover ratio is presently 0.1 days.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock traded down $0.11 during trading hours on Wednesday, reaching $43.90. 574,193 shares of the company’s stock were exchanged, compared to its average volume of 811,272. The firm’s 50 day simple moving average is $43.93 and its 200 day simple moving average is $44.12. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.90 and a twelve month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were paid a $0.145 dividend. This represents a $1.74 annualized dividend and a yield of 3.96%. The ex-dividend date of this dividend was Thursday, November 21st.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. LPL Financial LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after buying an additional 615,776 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% during the third quarter. Signature Estate & Investment Advisors LLC now owns 7,787,804 shares of the company’s stock valued at $352,320,000 after purchasing an additional 257,223 shares in the last quarter. Raymond James & Associates boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 8.3% during the second quarter. Raymond James & Associates now owns 2,244,969 shares of the company’s stock worth $96,646,000 after purchasing an additional 171,517 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in First Trust TCW Opportunistic Fixed Income ETF by 4.1% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 1,343,025 shares of the company’s stock worth $57,817,000 after purchasing an additional 52,522 shares in the last quarter. Finally, LVZ Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 2.0% in the 2nd quarter. LVZ Inc. now owns 1,286,666 shares of the company’s stock worth $55,391,000 after purchasing an additional 24,951 shares in 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.