First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Update

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 27,400 shares, a decrease of 90.2% from the May 31st total of 279,400 shares. Based on an average daily trading volume, of 688,200 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Creekmur Asset Management LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at approximately $49,000. Sound Income Strategies LLC increased its position in First Trust TCW Opportunistic Fixed Income ETF by 942.8% in the 4th quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock worth $64,000 after purchasing an additional 1,301 shares during the last quarter. Palisade Asset Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at approximately $73,000. Scarborough Advisors LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $134,000. Finally, Freestone Capital Holdings LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $201,000.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of NASDAQ FIXD traded down $0.23 during midday trading on Friday, reaching $43.05. 369,207 shares of the company traded hands, compared to its average volume of 740,527. The stock has a 50-day moving average price of $42.92 and a 200 day moving average price of $43.47. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $40.86 and a 52 week high of $44.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend was Thursday, June 27th.

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.