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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 114,184 shares, a drop of 32.3% from the February 12th total of 168,596 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 261,559 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 261,559 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.1%

Shares of NASDAQ FIXD traded down $0.06 during mid-day trading on Friday, reaching $43.80. The company had a trading volume of 267,590 shares, compared to its average volume of 393,739. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.16 and a twelve month high of $45.15. The stock’s 50 day moving average is $44.42 and its 200-day moving average is $44.47.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, February 20th.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Several institutional investors have recently made changes to their positions in FIXD. Randall & Associates Wealth Management grew its position in First Trust TCW Opportunistic Fixed Income ETF by 15.3% in the third quarter. Randall & Associates Wealth Management now owns 137,197 shares of the company’s stock worth $6,094,000 after acquiring an additional 18,191 shares in the last quarter. Keystone Wealth Services LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 22.1% in the 3rd quarter. Keystone Wealth Services LLC now owns 100,565 shares of the company’s stock valued at $4,467,000 after purchasing an additional 18,226 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 52.0% in the third quarter. Retirement Planning Group LLC now owns 84,819 shares of the company’s stock worth $3,768,000 after purchasing an additional 29,020 shares in the last quarter. GDS Wealth Management increased its position in First Trust TCW Opportunistic Fixed Income ETF by 12.7% during the third quarter. GDS Wealth Management now owns 520,633 shares of the company’s stock worth $23,127,000 after buying an additional 58,775 shares during the last quarter. Finally, Merit Financial Group LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at about $826,000.

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.