First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Update

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,601 shares, a decrease of 42.2% from the July 30th total of 4,501 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 28,925 shares, the short-interest ratio is presently 0.1 days.

First Trust TCW Securitized Plus ETF Stock Performance

Shares of DEED traded down $0.05 during mid-day trading on Monday, reaching $21.04. The company’s stock had a trading volume of 5,424 shares, compared to its average volume of 47,393. First Trust TCW Securitized Plus ETF has a 1-year low of $20.97 and a 1-year high of $22.03. The business has a 50-day simple moving average of $21.23 and a two-hundred day simple moving average of $21.39.

Institutional Investors Weigh In On First Trust TCW Securitized Plus ETF

Hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its stake in First Trust TCW Securitized Plus ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $63,000 after purchasing an additional 2,000 shares during the period. Trust Co. of Vermont bought a new position in First Trust TCW Securitized Plus ETF during the 2nd quarter worth $54,000. LPL Financial LLC lifted its holdings in shares of First Trust TCW Securitized Plus ETF by 4.4% during the fourth quarter. LPL Financial LLC now owns 88,383 shares of the company’s stock worth $1,909,000 after buying an additional 3,728 shares in the last quarter. Milestones Private Investment Advisors LLC boosted its position in shares of First Trust TCW Securitized Plus ETF by 4.5% in the first quarter. Milestones Private Investment Advisors LLC now owns 97,485 shares of the company’s stock valued at $2,079,000 after acquiring an additional 4,213 shares during the period. Finally, Equitable Holdings Inc. boosted its position in shares of First Trust TCW Securitized Plus ETF by 4.3% in the third quarter. Equitable Holdings Inc. now owns 105,363 shares of the company’s stock valued at $2,253,000 after acquiring an additional 4,358 shares during the period.

About First Trust TCW Securitized Plus ETF

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.