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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 102,400 shares, a decline of 75.1% from the November 15th total of 411,800 shares. Based on an average daily volume of 1,029,600 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. World Investment Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth $3,934,000. Sanctuary Advisors LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 376,413 shares of the company’s stock valued at $16,295,000 after acquiring an additional 1,769 shares in the last quarter. Laraway Financial Advisors Inc boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.3% during the 3rd quarter. Laraway Financial Advisors Inc now owns 21,115 shares of the company’s stock valued at $955,000 after acquiring an additional 1,246 shares during the last quarter. Orion Portfolio Solutions LLC grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 14.9% during the third quarter. Orion Portfolio Solutions LLC now owns 168,778 shares of the company’s stock worth $7,635,000 after purchasing an additional 21,877 shares in the last quarter. Finally, Stifel Financial Corp increased its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 33.5% in the third quarter. Stifel Financial Corp now owns 951,289 shares of the company’s stock worth $43,038,000 after purchasing an additional 238,855 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ FIXD traded down $0.11 during trading hours on Wednesday, reaching $43.90. 574,193 shares of the company were exchanged, compared to its average volume of 811,272. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $41.90 and a 1 year high of $46.80. The business’s 50 day simple moving average is $43.93 and its 200-day simple moving average is $44.12.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were given a dividend of $0.145 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $1.74 dividend on an annualized basis and a yield of 3.96%.

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.