First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Down 93.2% in June

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 9,033 shares, a decrease of 93.2% from the May 31st total of 131,873 shares. Based on an average daily volume of 412,227 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of First Trust TCW Opportunistic Fixed Income ETF stock traded down $0.16 during midday trading on Thursday, reaching $43.70. The company had a trading volume of 439,263 shares, compared to its average volume of 411,627. The stock has a fifty day simple moving average of $43.62 and a 200 day simple moving average of $44.02. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $42.51 and a 1-year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be paid a $0.165 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, June 25th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in FIXD. Ameriprise Financial Inc. lifted its stake in shares of 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 valued at $124,105,000 after acquiring an additional 1,454,463 shares during the period. UBS Group AG lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 112.2% during the 4th quarter. UBS Group AG now owns 1,524,629 shares of the company’s stock valued at $67,572,000 after purchasing an additional 806,153 shares during the period. LPL Financial LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock valued at $313,643,000 after purchasing an additional 612,706 shares during the last quarter. HighTower Advisors LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 70.6% during the 4th quarter. HighTower Advisors LLC now owns 1,440,912 shares of the company’s stock worth $63,861,000 after buying an additional 596,226 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 51.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 856,734 shares of the company’s stock worth $37,345,000 after buying an additional 291,705 shares during the period.

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.