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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 21,783 shares, a decline of 70.7% from the June 30th total of 74,281 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 300,684 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Merkkuri Wealth Advisors LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the first quarter valued at approximately $35,000. JPMorgan Chase & Co. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock worth $52,000 after purchasing an additional 265 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth $143,000. Bank of Montreal Can purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter worth $154,000. Finally, First Horizon Corp acquired a new position in First Trust TCW Opportunistic Fixed Income ETF during the 4th quarter valued at about $179,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Down 0.0%

Shares of FIXD stock opened at $42.85 on Friday. The stock’s 50-day moving average is $43.47 and its 200 day moving average is $43.88. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $42.51 and a 1-year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Tuesday, July 21st.

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.