Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Grows By 201.4%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 66,300 shares, an increase of 201.4% from the January 31st total of 22,000 shares. Based on an average trading volume of 1,028,500 shares, the days-to-cover ratio is currently 0.1 days.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.2 %

NASDAQ:FIXD traded up $0.11 during midday trading on Friday, reaching $43.90. 101,205 shares of the stock traded hands, compared to its average volume of 799,703. The company has a fifty day moving average of $43.06 and a 200 day moving average of $43.93. 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 Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a $0.155 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from First Trust TCW Opportunistic Fixed Income ETF’s previous monthly dividend of $0.15. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.24%.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Investment Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $51,000. Icon Wealth Advisors LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at approximately $112,000. SBI Securities Co. Ltd. purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at approximately $129,000. Oregon Pacific Wealth Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at approximately $201,000. Finally, J.W. Cole Advisors Inc. grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 12.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,198 shares of the company’s stock valued at $223,000 after purchasing an additional 555 shares in the last quarter.

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.