Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Increases By 40.9%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 89,801 shares, a growth of 40.9% from the January 15th total of 63,735 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 372,333 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 372,333 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.3%

NASDAQ:FIXD traded up $0.14 during mid-day trading on Monday, hitting $44.79. The stock had a trading volume of 250,618 shares, compared to its average volume of 447,641. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.16 and a twelve month high of $45.15. The stock has a 50-day simple moving average of $44.35 and a two-hundred day simple moving average of $44.38.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were issued a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Wednesday, January 21st.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 105.9% during the 2nd 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 in the last quarter. UBS Group AG increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 112.2% in the fourth 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 last quarter. LPL Financial LLC raised its holdings 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 in the last quarter. HighTower Advisors LLC lifted 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 last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1,940.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 578,922 shares of the company’s stock valued at $25,715,000 after buying an additional 550,543 shares in the last quarter.

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.