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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 21,783 shares, a decline of 70.7% from the June 30th total of 74,281 shares. Based on an average daily trading volume, of 300,684 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.0%

Shares of First Trust TCW Opportunistic Fixed Income ETF stock opened at $42.85 on Friday. The stock has a 50 day moving average price of $43.47 and a 200-day moving average price of $43.88. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $42.51 and a one year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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

Several hedge funds have recently added to or reduced their stakes in FIXD. First Trust Advisors LP grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 5.2% during the second quarter. First Trust Advisors LP now owns 135,379 shares of the company’s stock valued at $5,942,000 after buying an additional 6,676 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 805.7% during the second quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock valued at $215,000 after buying an additional 4,359 shares during the period. Betterment LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the second quarter. Betterment LLC now owns 74,432 shares of the company’s stock valued at $3,267,000 after acquiring an additional 2,468 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF in the second quarter worth about $3,387,000. Finally, Ausdal Financial Partners Inc. lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 22.8% in the second quarter. Ausdal Financial Partners Inc. now owns 28,559 shares of the company’s stock worth $1,253,000 after acquiring an additional 5,307 shares during the period.

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.