First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Down 85.7% in July

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 4,501 shares, a decrease of 85.7% from the July 15th total of 31,368 shares. Based on an average trading volume of 92,309 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

First Trust TCW Securitized Plus ETF Stock Up 0.2%

Shares of NYSEARCA:DEED traded up $0.05 during trading on Thursday, hitting $21.23. The stock had a trading volume of 3,037 shares, compared to its average volume of 50,640. The firm’s fifty day moving average is $21.27 and its 200 day moving average is $21.42. First Trust TCW Securitized Plus ETF has a 12 month low of $20.97 and a 12 month high of $22.03.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Trust Co. of Vermont bought a new stake in shares of First Trust TCW Securitized Plus ETF during the 2nd quarter valued at $54,000. Geneos Wealth Management Inc. increased its stake in shares of First Trust TCW Securitized Plus ETF by 200.0% in 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 in the last quarter. Darwin Wealth Management LLC bought a new position in shares of First Trust TCW Securitized Plus ETF in the 2nd quarter worth about $143,000. Kestra Advisory Services LLC purchased a new position in First Trust TCW Securitized Plus ETF during the 4th quarter valued at about $146,000. Finally, Signal Advisors Wealth LLC lifted its position in First Trust TCW Securitized Plus ETF by 73.7% during the 1st quarter. Signal Advisors Wealth LLC now owns 17,765 shares of the company’s stock valued at $379,000 after acquiring an additional 7,538 shares during the period.

About First Trust TCW Securitized Plus ETF

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.