Short Interest in First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Decreases By 85.0%

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 391 shares, a decrease of 85.0% from the August 15th total of 2,601 shares. Based on an average daily volume of 4,840 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

Large investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its position in 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 buying an additional 2,000 shares during the period. LPL Financial LLC lifted its stake in shares of First Trust TCW Securitized Plus ETF by 4.4% in the 4th quarter. LPL Financial LLC now owns 88,383 shares of the company’s stock valued at $1,909,000 after purchasing an additional 3,728 shares during the period. Milestones Private Investment Advisors LLC lifted its stake in First Trust TCW Securitized Plus ETF by 4.5% in the first quarter. Milestones Private Investment Advisors LLC now owns 97,485 shares of the company’s stock valued at $2,079,000 after buying an additional 4,213 shares during the period. Equitable Holdings Inc. boosted its stake in First Trust TCW Securitized Plus ETF by 4.3% during the third quarter. Equitable Holdings Inc. now owns 105,363 shares of the company’s stock worth $2,253,000 after acquiring an additional 4,358 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of First Trust TCW Securitized Plus ETF in the 2nd quarter valued at about $143,000.

First Trust TCW Securitized Plus ETF Stock Down 0.0%

DEED stock traded down $0.01 during midday trading on Friday, hitting $20.83. The company’s stock had a trading volume of 3,186 shares, compared to its average volume of 45,828. The company’s fifty day moving average price is $21.16 and its 200 day moving average price is $21.34. First Trust TCW Securitized Plus ETF has a twelve month low of $20.82 and a twelve month high of $22.03.

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.