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 growth in short interest in April. As of April 30th, there was short interest totaling 22,468 shares, a growth of 94.3% from the April 15th total of 11,565 shares. Based on an average trading volume of 371,960 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

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

Institutional investors have recently made changes to their positions in the company. Founders Financial Alliance LLC increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% during the third quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after acquiring an additional 499 shares in the last quarter. Merkkuri Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at approximately $35,000. Richardson Capital Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at approximately $37,000. JPMorgan Chase & Co. boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after purchasing an additional 265 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at $143,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD traded down $0.29 during trading hours on Friday, hitting $43.24. The company had a trading volume of 445,064 shares, compared to its average volume of 414,679. The firm has a fifty day moving average price of $43.80 and a 200-day moving average price of $44.23. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $42.57 and a 52-week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. 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.