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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 5,567 shares, a drop of 84.8% from the August 31st total of 36,673 shares. Based on an average trading volume of 575,947 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Merkkuri Wealth Advisors LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 1st quarter valued at about $35,000. NI Acquisitions Company LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter worth about $66,000. Compass Financial Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the second quarter worth about $179,000. Advisortrust Partners LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at approximately $193,000. Finally, Allworth Financial LP boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.6% during the 2nd quarter. Allworth Financial LP now owns 4,805 shares of the company’s stock valued at $210,000 after buying an additional 380 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD traded up $0.06 during trading hours on Friday, reaching $41.65. 379,713 shares of the company’s stock traded hands, compared to its average volume of 387,465. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $38.56 and a 12 month high of $45.15. The firm’s 50 day simple moving average is $42.73 and its 200-day simple moving average is $43.33.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be paid a $0.1650 dividend. This represents a $1.98 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Thursday, September 24th.

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.