First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Large Drop in Short Interest

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 185,800 shares, a decrease of 84.1% from the March 31st total of 1,170,000 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 774,200 shares, the short-interest ratio is currently 0.2 days.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.4 %

NASDAQ:FIXD traded up $0.16 during trading hours on Monday, reaching $43.68. 368,895 shares of the company’s stock were exchanged, compared to its average volume of 830,534. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $39.42 and a 12 month high of $46.80. The business’s 50-day simple moving average is $43.62 and its two-hundred day simple moving average is $43.48.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Tuesday, April 22nd.

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

A number of institutional investors have recently bought and sold shares of FIXD. Raymond James Financial Inc. acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth $158,285,000. Coppell Advisory Solutions LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 92.0% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,992,193 shares of the company’s stock worth $85,933,000 after acquiring an additional 954,342 shares during the period. SRS Capital Advisors Inc. grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 297,136.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 428,021 shares of the company’s stock valued at $18,392,000 after acquiring an additional 427,877 shares in the last quarter. Ameriprise Financial Inc. grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 32.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,716,682 shares of the company’s stock valued at $73,792,000 after acquiring an additional 419,858 shares in the last quarter. Finally, Truist Financial Corp lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 37.1% in the fourth quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock worth $56,985,000 after purchasing an additional 358,868 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.