First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Stock Short Interest Falls 99.0%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 4,592 shares, a decline of 99.0% from the October 15th total of 482,264 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 637,306 shares, the days-to-cover ratio is currently 0.0 days.

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

Hedge funds have recently added to or reduced their stakes in the stock. Quest 10 Wealth Builders Inc. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 27.0% during the third quarter. Quest 10 Wealth Builders Inc. now owns 1,372 shares of the company’s stock valued at $57,000 after acquiring an additional 292 shares in the last quarter. GK Wealth Management LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $58,000. NI Acquisitions Company LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at approximately $66,000. Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at approximately $122,000. Finally, Compass Financial Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the second quarter worth approximately $179,000.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.6%

Shares of NASDAQ FIXD traded down $0.25 during mid-day trading on Tuesday, reaching $41.94. The company had a trading volume of 1,456,012 shares, compared to its average volume of 441,692. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $38.56 and a 52 week high of $44.97. The business’s 50-day moving average is $41.92 and its 200-day moving average is $43.24.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were given a $0.1650 dividend. This represents a $1.98 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 21st.

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.