First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Sees Significant Decline in Short Interest

First Trust TCW Securitized Plus ETF (NYSEARCA:DEEDGet Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 31,368 shares, a decrease of 73.3% from the June 30th total of 117,425 shares. Based on an average trading volume of 107,922 shares, the short-interest ratio is presently 0.3 days. Approximately 0.8% of the company’s stock are sold short.

First Trust TCW Securitized Plus ETF Trading Up 0.2%

Shares of NYSEARCA DEED traded up $0.05 during midday trading on Monday, hitting $21.07. The stock had a trading volume of 201,081 shares, compared to its average volume of 53,043. First Trust TCW Securitized Plus ETF has a 52 week low of $20.89 and a 52 week high of $22.03. The business’s 50 day moving average is $21.31 and its 200-day moving average is $21.48.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its stake in shares of First Trust TCW Securitized Plus ETF by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $63,000 after acquiring an additional 2,000 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of First Trust TCW Securitized Plus ETF in the second quarter worth about $143,000. Kestra Advisory Services LLC acquired a new stake in First Trust TCW Securitized Plus ETF in the fourth quarter valued at approximately $146,000. Signal Advisors Wealth LLC grew its holdings in shares of First Trust TCW Securitized Plus ETF by 73.7% during the first quarter. Signal Advisors Wealth LLC now owns 17,765 shares of the company’s stock worth $379,000 after buying an additional 7,538 shares in the last quarter. Finally, Puff Wealth Management LLC purchased a new stake in shares of First Trust TCW Securitized Plus ETF during the 2nd quarter valued at approximately $415,000.

About First Trust TCW Securitized Plus ETF

(Get Free Report)

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.

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