First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Down 93.2% in June

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 9,033 shares, a decline of 93.2% from the May 31st total of 131,873 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 412,227 shares, the days-to-cover ratio is currently 0.0 days.

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

A number of institutional investors have recently modified their holdings of FIXD. BAM Wealth Management LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter worth $514,000. Alpha Financial Advisors LLC raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.9% in the 4th quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock valued at $17,051,000 after buying an additional 31,524 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 87.3% during the 4th quarter. Farther Finance Advisors LLC now owns 106,490 shares of the company’s stock worth $4,720,000 after acquiring an additional 49,623 shares during the period. CWM LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 16.6% during the fourth quarter. CWM LLC now owns 92,702 shares of the company’s stock valued at $4,109,000 after purchasing an additional 13,212 shares in the last quarter. Finally, UBS Group AG grew its position in First Trust TCW Opportunistic Fixed Income ETF by 112.2% in the fourth quarter. UBS Group AG now owns 1,524,629 shares of the company’s stock valued at $67,572,000 after acquiring an additional 806,153 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of FIXD traded up $0.05 during trading hours on Friday, reaching $43.75. 395,284 shares of the company traded hands, compared to its average volume of 411,458. The business has a fifty day moving average price of $43.62 and a 200-day moving average price of $44.02. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $42.51 and a 12-month high of $45.15.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be paid a $0.165 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Thursday, June 25th.

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.