Short Interest in TCW Core Plus Bond ETF (NYSE:FIXT) Declines By 84.6%

TCW Core Plus Bond ETF (NYSE:FIXT) was the recipient of a significant decline in short interest during the month of 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. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 29,768 shares, the days-to-cover ratio is presently 0.2 days.

TCW Core Plus Bond ETF Stock Down 0.1%

FIXT stock traded down $0.03 during trading hours on Friday, hitting $37.44. The company’s stock had a trading volume of 41,133 shares, compared to its average volume of 16,513. The company has a market capitalization of $222.39 million, a PE ratio of 28.48 and a beta of 0.29. TCW Core Plus Bond ETF has a 12 month low of $37.12 and a 12 month high of $39.35. The stock has a 50 day moving average price of $37.57 and a two-hundred day moving average price of $37.98.

Institutional Investors Weigh In On TCW Core Plus Bond ETF

A number of large investors have recently bought and sold shares of FIXT. Morgan Stanley increased its position 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 worth $84,566,000 after buying an additional 78,846 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of TCW Core Plus Bond ETF in the second quarter worth about $2,736,000. Osaic Holdings Inc. boosted its stake in shares of TCW Core Plus Bond ETF by 10.7% during the 4th quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock worth $2,723,000 after acquiring an additional 6,860 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of TCW Core Plus Bond ETF by 527.6% during the 4th quarter. Wells Fargo & Company MN now owns 64,833 shares of the company’s stock valued at $2,478,000 after acquiring an additional 54,503 shares during the last quarter. Finally, Merit Financial Group LLC increased its holdings in shares of TCW Core Plus Bond ETF by 2.2% during the 4th quarter. Merit Financial Group LLC now owns 50,158 shares of the company’s stock valued at $1,917,000 after acquiring an additional 1,068 shares during the last quarter.

TCW Core Plus Bond ETF Company Profile

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.