First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 87.7% in February

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 168,596 shares, an increase of 87.7% from the January 29th total of 89,801 shares. Based on an average daily trading volume, of 376,493 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 376,493 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Founders Financial Alliance LLC grew 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 last quarter. Richardson Capital Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at $37,000. JPMorgan Chase & Co. increased its position 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 worth $52,000 after purchasing an additional 265 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $143,000. Finally, Bank of Montreal Can purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $154,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD traded up $0.06 on Friday, reaching $44.80. The stock had a trading volume of 230,799 shares, compared to its average volume of 409,569. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.16 and a twelve month high of $45.15. The firm has a 50-day moving average of $44.43 and a 200 day moving average of $44.43.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a $0.165 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, February 20th.

About First Trust TCW Opportunistic Fixed Income ETF

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.