First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Stock Short Interest Drops 84.8%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 5,567 shares, a drop of 84.8% from the August 31st total of 36,673 shares. Based on an average daily trading volume, of 575,947 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Merkkuri Wealth Advisors LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at about $35,000. NI Acquisitions Company LLC purchased a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth approximately $66,000. Compass Financial Management LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at approximately $179,000. Advisortrust Partners LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at approximately $193,000. Finally, Allworth Financial LP lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.6% in the second quarter. Allworth Financial LP now owns 4,805 shares of the company’s stock valued at $210,000 after acquiring an additional 380 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

First Trust TCW Opportunistic Fixed Income ETF stock opened at $41.59 on Friday. The company’s fifty day moving average price is $42.76 and its 200 day moving average price is $43.34. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $41.58 and a 1 year high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th will be given a $0.1650 dividend. The ex-dividend date is Thursday, September 24th. This represents a $1.98 annualized dividend and a dividend yield of 4.8%.

First Trust TCW Opportunistic Fixed Income ETF Company Profile

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.