First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Significant Increase in Short Interest

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 22,468 shares, a growth of 94.3% from the April 15th total of 11,565 shares. Based on an average trading volume of 371,960 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.7%

Shares of NASDAQ FIXD traded down $0.29 during mid-day trading on Friday, hitting $43.24. 445,064 shares of the stock traded hands, compared to its average volume of 414,679. The stock has a fifty day moving average price of $43.80 and a 200-day moving average price of $44.23. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $42.57 and a 52 week high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were given a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, April 21st.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FIXD. Founders Financial Alliance LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 309.9% during the third quarter. Founders Financial Alliance LLC now owns 660 shares of the company’s stock valued at $29,000 after purchasing an additional 499 shares during the last quarter. Merkkuri Wealth Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter worth approximately $35,000. Richardson Capital Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at approximately $37,000. JPMorgan Chase & Co. increased its position in First Trust TCW Opportunistic Fixed Income ETF by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,164 shares of the company’s stock valued at $52,000 after buying an additional 265 shares in the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the fourth quarter valued at $143,000.

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.