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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 8,433 shares, a decline of 62.5% from the April 30th total of 22,468 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 551,183 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Institutional investors have recently made changes to their positions in the stock. Founders Financial Alliance LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% in the third quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock worth $29,000 after acquiring an additional 499 shares during the last quarter. Merkkuri Wealth Advisors LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the first quarter worth $35,000. JPMorgan Chase & Co. raised its holdings in shares of 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 last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth $143,000. Finally, Bank of Montreal Can acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth $154,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD opened at $43.75 on Friday. The company has a 50-day moving average of $43.66 and a two-hundred day moving average of $44.15. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $42.51 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were given a dividend of $0.165 per share. The ex-dividend date was Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.