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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 5,567 shares, a decline of 84.8% from the August 31st total of 36,673 shares. Based on an average trading volume of 575,947 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIXD. Envestnet Portfolio Solutions Inc. grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 22,129 shares of the company’s stock valued at $965,000 after acquiring an additional 510 shares during the period. Envestnet Asset Management Inc. raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,317,649 shares of the company’s stock worth $101,073,000 after purchasing an additional 56,459 shares during the period. Integrated Wealth Concepts LLC raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 6.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 201,339 shares of the company’s stock worth $8,780,000 after purchasing an additional 12,011 shares during the period. NewEdge Advisors LLC boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 25.3% during the second quarter. NewEdge Advisors LLC now owns 1,073,904 shares of the company’s stock worth $46,833,000 after purchasing an additional 216,559 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its position in First Trust TCW Opportunistic Fixed Income ETF by 12.0% during the second quarter. Baird Financial Group Inc. now owns 602,672 shares of the company’s stock worth $26,283,000 after purchasing an additional 64,335 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $41.59 on Friday. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.58 and a 12 month high of $45.15. The stock’s 50 day simple moving average is $42.76 and its two-hundred day simple moving average is $43.34.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be issued a dividend of $0.1650 per share. The ex-dividend date of this dividend is Thursday, September 24th. This represents a $1.98 dividend on an annualized basis and a yield of 4.8%.

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.