First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Large Decrease in Short Interest

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 20,400 shares, a decline of 58.8% from the May 15th total of 49,500 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 743,400 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FIXD. Vicus Capital boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 27.0% in the fourth quarter. Vicus Capital now owns 43,808 shares of the company’s stock worth $1,882,000 after purchasing an additional 9,323 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 167,416 shares of the company’s stock valued at $7,194,000 after buying an additional 3,863 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at $256,000. Tcfg Wealth Management LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the fourth quarter. Tcfg Wealth Management LLC now owns 24,950 shares of the company’s stock valued at $1,072,000 after buying an additional 1,625 shares during the period. Finally, Opes Wealth Management LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 11.2% in the fourth quarter. Opes Wealth Management LLC now owns 215,249 shares of the company’s stock valued at $9,249,000 after buying an additional 21,764 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.4%

Shares of NASDAQ:FIXD traded down $0.16 during mid-day trading on Friday, hitting $43.53. 342,526 shares of the company traded hands, compared to its average volume of 829,102. The stock has a 50-day moving average price of $43.29 and a two-hundred day moving average price of $43.36. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $39.42 and a 12-month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st were given a $0.155 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $1.86 annualized dividend and a yield of 4.27%.

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.