Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Declines By 93.2%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 9,033 shares, a decrease of 93.2% from the May 31st total of 131,873 shares. Based on an average daily volume of 412,227 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Institutional investors have recently bought and sold shares of the stock. Merkkuri Wealth Advisors LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth $35,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after purchasing an additional 265 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth about $143,000. Bank of Montreal Can acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth about $154,000. Finally, First Horizon Corp acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth about $179,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.4%

FIXD traded down $0.16 during midday trading on Thursday, reaching $43.70. 439,263 shares of the company’s stock were exchanged, compared to its average volume of 411,627. The business has a 50-day simple moving average of $43.62 and a two-hundred day simple moving average of $44.02. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $42.51 and a one year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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