First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 87.7% in February

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 168,596 shares, an increase of 87.7% from the January 29th total of 89,801 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 376,493 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 376,493 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FIXD. Rossby Financial LCC increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.9% during the 4th quarter. Rossby Financial LCC now owns 14,104 shares of the company’s stock worth $625,000 after buying an additional 261 shares during the last quarter. JPMorgan Chase & Co. grew its position in First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the third quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after acquiring an additional 265 shares during the period. HCR Wealth Advisors increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 0.8% during the fourth quarter. HCR Wealth Advisors now owns 36,345 shares of the company’s stock worth $1,611,000 after acquiring an additional 287 shares during the last quarter. ABLE Financial Group LLC increased its stake in First Trust TCW Opportunistic Fixed Income ETF by 4.4% during the third quarter. ABLE Financial Group LLC now owns 7,575 shares of the company’s stock worth $336,000 after acquiring an additional 319 shares during the last quarter. Finally, GeoWealth Management LLC raised its position in First Trust TCW Opportunistic Fixed Income ETF by 5.4% in the third quarter. GeoWealth Management LLC now owns 6,352 shares of the company’s stock valued at $282,000 after purchasing an additional 323 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.1%

NASDAQ:FIXD traded up $0.06 during mid-day trading on Friday, reaching $44.80. The company’s stock had a trading volume of 230,799 shares, compared to its average volume of 409,569. The stock has a fifty day moving average of $44.43 and a 200-day moving average of $44.43. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $41.16 and a 1 year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a dividend of $0.165 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, February 20th.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.