TCW Core Plus Bond ETF (NYSE:FIXT) Sees Significant Drop in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 4,098 shares, a decline of 81.2% from the July 15th total of 21,800 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 35,591 shares, the short-interest ratio is presently 0.1 days.

TCW Core Plus Bond ETF Stock Up 0.0%

NYSE:FIXT opened at $37.18 on Wednesday. TCW Core Plus Bond ETF has a 12-month low of $37.04 and a 12-month high of $39.35. The firm has a market capitalization of $226.05 million, a P/E ratio of 28.48 and a beta of 0.09. The stock’s fifty day simple moving average is $37.46 and its 200-day simple moving average is $37.82.

Hedge Funds Weigh In On TCW Core Plus Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its position in shares of TCW Core Plus Bond ETF by 10.7% in the 4th quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock valued at $2,723,000 after acquiring an additional 6,860 shares during the period. Morgan Stanley boosted its stake in TCW Core Plus Bond ETF by 3.7% during the 4th quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock worth $84,566,000 after acquiring an additional 78,846 shares during the last quarter. Wells Fargo & Company MN grew its holdings in TCW Core Plus Bond ETF by 527.6% during the fourth quarter. Wells Fargo & Company MN now owns 64,833 shares of the company’s stock valued at $2,478,000 after purchasing an additional 54,503 shares during the period. LPL Financial LLC grew its holdings in TCW Core Plus Bond ETF by 18.5% during the fourth quarter. LPL Financial LLC now owns 34,172 shares of the company’s stock valued at $1,306,000 after purchasing an additional 5,334 shares during the period. Finally, Raymond James Financial Inc. increased its stake in TCW Core Plus Bond ETF by 19.6% in the third quarter. Raymond James Financial Inc. now owns 43,932 shares of the company’s stock valued at $1,699,000 after purchasing an additional 7,195 shares in the last quarter.

TCW Core Plus Bond ETF Company Profile

The Procure Disaster Recovery Strategy ETF (FIXT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equal-weighted index of globally listed companies that aid in natural disaster recovery strategies. The index comprises four investment categories: climatological, geophysical, hydrological, and meteorological. FIXT was launched on Jun 1, 2022 and is issued by ProcureAM.