First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Update

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 31,368 shares, a decline of 73.3% from the June 30th total of 117,425 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 107,922 shares, the short-interest ratio is presently 0.3 days.

First Trust TCW Securitized Plus ETF Price Performance

Shares of DEED stock remained flat at $21.02 on Friday. The stock had a trading volume of 2,621 shares, compared to its average volume of 52,010. First Trust TCW Securitized Plus ETF has a 52-week low of $20.85 and a 52-week high of $22.03. The stock’s 50-day simple moving average is $21.31 and its 200 day simple moving average is $21.48.

Institutional Investors Weigh In On First Trust TCW Securitized Plus ETF

A number of large investors have recently made changes to their positions in DEED. Guided Capital Wealth Management LLC boosted its holdings in shares of First Trust TCW Securitized Plus ETF by 27.1% in the fourth quarter. Guided Capital Wealth Management LLC now owns 425,437 shares of the company’s stock worth $9,189,000 after buying an additional 90,756 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of First Trust TCW Securitized Plus ETF by 30.7% during the 4th quarter. NewEdge Advisors LLC now owns 312,276 shares of the company’s stock valued at $6,745,000 after acquiring an additional 73,380 shares during the period. Jane Street Group LLC increased its stake in shares of First Trust TCW Securitized Plus ETF by 378.5% in the 1st quarter. Jane Street Group LLC now owns 88,727 shares of the company’s stock worth $1,876,000 after purchasing an additional 70,183 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in First Trust TCW Securitized Plus ETF during the first quarter valued at $980,000. Finally, GeoWealth Management LLC bought a new stake in First Trust TCW Securitized Plus ETF during the fourth quarter valued at about $780,000.

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.