First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Stock Short Interest Rises 7,352.3%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 414,867 shares, a growth of 7,352.3% from the September 15th total of 5,567 shares. Based on an average daily volume of 627,743 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Institutional investors have recently modified their holdings of the business. Inspirion Wealth Advisors LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $934,000. First Heartland Consultants Inc. bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $251,000. CoreCap Advisors LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 27.5% during the third quarter. CoreCap Advisors LLC now owns 198,246 shares of the company’s stock valued at $8,182,000 after purchasing an additional 42,816 shares during the last quarter. Park National Corp OH acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth approximately $30,519,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 22,129 shares of the company’s stock worth $965,000 after purchasing an additional 510 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.02 during mid-day trading on Friday, reaching $41.48. The company’s stock had a trading volume of 273,906 shares, compared to its average volume of 414,847. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $38.56 and a twelve month high of $45.15. The business has a 50 day moving average price of $42.44 and a 200-day moving average price of $43.16.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.1650 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.98 annualized dividend and a dividend yield of 4.8%.

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.