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 large growth in short interest in May. As of May 29th, there was short interest totaling 131,873 shares, a growth of 1,463.8% from the May 14th total of 8,433 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 432,775 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FIXD. Founders Financial Alliance LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 309.9% during the 3rd quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after buying an additional 499 shares during the period. Merkkuri Wealth Advisors LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at $35,000. JPMorgan Chase & Co. raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after buying an additional 265 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at $143,000. Finally, Bank of Montreal Can purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at $154,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ:FIXD traded up $0.10 during midday trading on Tuesday, hitting $43.48. 372,304 shares of the company traded hands, compared to its average volume of 410,076. The firm’s fifty day moving average is $43.65 and its 200-day moving average is $44.10. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $42.51 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a dividend of $0.165 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, May 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.