Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Drops By 32.3%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 114,184 shares, a drop of 32.3% from the February 12th total of 168,596 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 261,559 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 261,559 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.2%

Shares of FIXD traded down $0.08 during mid-day trading on Friday, reaching $43.78. The company had a trading volume of 216,742 shares, compared to its average volume of 392,608. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $41.16 and a 52-week high of $45.15. The stock has a 50 day moving average of $44.43 and a two-hundred day moving average of $44.46.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, February 20th.

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

Institutional investors have recently made changes to their positions in the company. World Investment Advisors boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 13.9% during the fourth quarter. World Investment Advisors now owns 86,013 shares of the company’s stock worth $3,812,000 after buying an additional 10,508 shares in the last quarter. Corient Private Wealth LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at $215,000. TD Capital Management LLC increased its holdings in First Trust TCW Opportunistic Fixed Income ETF by 10.9% in the fourth quarter. TD Capital Management LLC now owns 4,968 shares of the company’s stock valued at $220,000 after buying an additional 489 shares in the last quarter. Claris Financial LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth about $1,130,000. Finally, Axxcess Wealth Management LLC raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 48.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 185,609 shares of the company’s stock worth $8,226,000 after acquiring an additional 60,907 shares during the period.

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.