Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Expands By 715.2%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 256,800 shares, an increase of 715.2% from the December 15th total of 31,500 shares. Based on an average daily volume of 1,156,000 shares, the days-to-cover ratio is presently 0.2 days.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.2 %

NASDAQ:FIXD traded down $0.10 on Monday, reaching $42.39. 364,859 shares of the stock traded hands, compared to its average volume of 1,032,592. The company’s fifty day simple moving average is $43.39 and its 200 day simple moving average is $44.09. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $39.42 and a 12 month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors have recently made changes to their positions in the stock. Daymark Wealth Partners LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth approximately $228,000. Axxcess Wealth Management LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.9% in the second quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock worth $24,611,000 after buying an additional 41,748 shares during the last quarter. Cannon Financial Strategists Inc. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the second quarter worth approximately $3,297,000. Howard Financial Services LTD. boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.4% in the third quarter. Howard Financial Services LTD. now owns 306,362 shares of the company’s stock worth $13,860,000 after buying an additional 4,152 shares during the last quarter. Finally, Gateway Wealth Partners LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.6% in the third quarter. Gateway Wealth Partners LLC now owns 82,357 shares of the company’s stock worth $3,726,000 after buying an additional 1,316 shares during the last quarter.

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.