First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 722.3% in June

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 74,281 shares, a growth of 722.3% from the June 15th total of 9,033 shares. Based on an average daily volume of 387,205 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.2% during the second quarter. First Trust Advisors LP now owns 135,379 shares of the company’s stock worth $5,942,000 after purchasing an additional 6,676 shares during the period. Qube Research & Technologies Ltd lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 805.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock valued at $215,000 after purchasing an additional 4,359 shares during the last quarter. Betterment LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 3.4% during the 2nd quarter. Betterment LLC now owns 74,432 shares of the company’s stock valued at $3,267,000 after purchasing an additional 2,468 shares during the period. Darwin Wealth Management LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter valued at about $3,387,000. Finally, Ausdal Financial Partners Inc. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 22.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 28,559 shares of the company’s stock worth $1,253,000 after purchasing an additional 5,307 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.35 on Monday. The stock has a fifty day moving average of $43.56 and a two-hundred day moving average of $43.96. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $42.51 and a fifty-two week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.165 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) annualized dividend and a yield of 4.6%.

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.