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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 154,707 shares, an increase of 656.4% from the November 30th total of 20,452 shares. Based on an average trading volume of 360,339 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 360,339 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after purchasing an additional 1,454,463 shares during the period. Envestnet Asset Management Inc. boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 2,270,157 shares of the company’s stock valued at $100,840,000 after acquiring an additional 108,814 shares during the last quarter. Truist Financial Corp grew its position in First Trust TCW Opportunistic Fixed Income ETF by 1.5% during the third quarter. Truist Financial Corp now owns 1,281,747 shares of the company’s stock valued at $56,935,000 after acquiring an additional 19,175 shares during the period. HighTower Advisors LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 844,686 shares of the company’s stock worth $37,521,000 after purchasing an additional 2,811 shares during the period. Finally, Commonwealth Financial Services LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.2% in the 3rd quarter. Commonwealth Financial Services LLC now owns 715,827 shares of the company’s stock valued at $31,797,000 after purchasing an additional 8,421 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.2%

FIXD stock traded up $0.11 during midday trading on Thursday, hitting $44.39. The stock had a trading volume of 135,742 shares, compared to its average volume of 540,515. The company’s 50-day moving average price is $44.54 and its 200 day moving average price is $44.18. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $39.42 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a $0.19 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Friday, December 12th.

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.