TCW Core Plus Bond ETF (NYSE:FIXT) Sees Significant Decrease in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 6,751 shares, a decline of 84.6% from the June 15th total of 43,937 shares. Based on an average daily trading volume, of 29,768 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

TCW Core Plus Bond ETF Price Performance

Shares of TCW Core Plus Bond ETF stock traded down $0.03 during trading on Friday, hitting $37.44. The stock had a trading volume of 41,133 shares, compared to its average volume of 16,513. The business has a fifty day moving average of $37.57 and a two-hundred day moving average of $37.98. TCW Core Plus Bond ETF has a fifty-two week low of $37.12 and a fifty-two week high of $39.35. The firm has a market cap of $222.39 million, a P/E ratio of 28.48 and a beta of 0.29.

Hedge Funds Weigh In On TCW Core Plus Bond ETF

Several large investors have recently made changes to their positions in FIXT. Osaic Holdings Inc. grew its stake in shares of TCW Core Plus Bond ETF by 10.7% in the 4th quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock worth $2,723,000 after purchasing an additional 6,860 shares during the last quarter. Morgan Stanley lifted its stake in TCW Core Plus Bond ETF by 3.7% during the fourth quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock valued at $84,566,000 after purchasing an additional 78,846 shares during the last quarter. Wells Fargo & Company MN lifted its stake in TCW Core Plus Bond ETF by 527.6% during the fourth quarter. Wells Fargo & Company MN now owns 64,833 shares of the company’s stock valued at $2,478,000 after purchasing an additional 54,503 shares during the last quarter. LPL Financial LLC boosted its holdings in TCW Core Plus Bond ETF by 18.5% during the fourth quarter. LPL Financial LLC now owns 34,172 shares of the company’s stock worth $1,306,000 after buying an additional 5,334 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in TCW Core Plus Bond ETF during the fourth quarter worth approximately $897,000.

About TCW Core Plus Bond ETF

The Procure Disaster Recovery Strategy ETF (FIXT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equal-weighted index of globally listed companies that aid in natural disaster recovery strategies. The index comprises four investment categories: climatological, geophysical, hydrological, and meteorological. FIXT was launched on Jun 1, 2022 and is issued by ProcureAM.