First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Update

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,433 shares, a decrease of 62.5% from the April 30th total of 22,468 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 551,183 shares, the days-to-cover ratio is presently 0.0 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Morgan Stanley increased its position in First Trust TCW Opportunistic Fixed Income ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 8,859,149 shares of the company’s stock worth $392,638,000 after purchasing an additional 208,089 shares during the last quarter. LPL Financial LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 9.5% during the fourth quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock worth $313,643,000 after purchasing an additional 612,706 shares during the last quarter. Wells Fargo & Company MN increased its position in First Trust TCW Opportunistic Fixed Income ETF by 4.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,930,860 shares of the company’s stock worth $262,856,000 after purchasing an additional 241,881 shares during the last quarter. Raymond James Financial Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 6.4% during the fourth quarter. Raymond James Financial Inc. now owns 2,896,834 shares of the company’s stock worth $128,388,000 after acquiring an additional 174,165 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock worth $124,105,000 after acquiring an additional 1,454,463 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.1%

First Trust TCW Opportunistic Fixed Income ETF stock opened at $43.75 on Friday. The stock has a fifty day moving average price of $43.66 and a 200 day moving average price of $44.15. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $42.51 and a 52 week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a c) annualized dividend and a yield of 4.5%.

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.