Short Interest in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Drops By 85.0%

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 391 shares, a decrease of 85.0% from the August 15th total of 2,601 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 4,840 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust TCW Securitized Plus ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its position in shares of First Trust TCW Securitized Plus ETF by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $63,000 after buying an additional 2,000 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in First Trust TCW Securitized Plus ETF in the second quarter valued at $143,000. Kestra Advisory Services LLC bought a new position in First Trust TCW Securitized Plus ETF during the 4th quarter valued at $146,000. NI Acquisitions Company LLC acquired a new position in First Trust TCW Securitized Plus ETF during the 2nd quarter worth $227,000. Finally, Signal Advisors Wealth LLC grew its holdings in First Trust TCW Securitized Plus ETF by 73.7% during the 1st quarter. Signal Advisors Wealth LLC now owns 17,765 shares of the company’s stock worth $379,000 after acquiring an additional 7,538 shares in the last quarter.

First Trust TCW Securitized Plus ETF Stock Down 0.2%

NYSEARCA:DEED traded down $0.04 during trading hours on Friday, hitting $20.80. The stock had a trading volume of 3,383 shares, compared to its average volume of 45,829. The business has a 50 day simple moving average of $21.14 and a two-hundred day simple moving average of $21.33. First Trust TCW Securitized Plus ETF has a 1-year low of $20.80 and a 1-year high of $22.03.

First Trust TCW Securitized Plus ETF Company Profile

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.