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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,768 shares, a decrease of 94.6% from the July 30th total of 88,524 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 287,342 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of hedge funds have recently made changes to their positions in FIXD. First Trust Advisors LP grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 5.2% in the second quarter. First Trust Advisors LP now owns 135,379 shares of the company’s stock worth $5,942,000 after purchasing an additional 6,676 shares in the last quarter. Qube Research & Technologies Ltd raised its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 805.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 4,900 shares of the company’s stock valued at $215,000 after acquiring an additional 4,359 shares in the last quarter. Betterment LLC boosted its holdings in First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the second quarter. Betterment LLC now owns 74,432 shares of the company’s stock worth $3,267,000 after purchasing an additional 2,468 shares during the period. Darwin Wealth Management LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at approximately $3,387,000. Finally, Ausdal Financial Partners Inc. boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 22.8% in the second quarter. Ausdal Financial Partners Inc. now owns 28,559 shares of the company’s stock valued at $1,253,000 after acquiring an additional 5,307 shares during the period.

First Trust TCW Opportunistic Fixed Income ETF Stock Up 0.1%

Shares of FIXD traded up $0.04 during mid-day trading on Thursday, hitting $43.02. The company’s stock had a trading volume of 66,698 shares, compared to its average volume of 377,253. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $42.51 and a 1-year high of $45.15. The firm has a 50-day simple moving average of $43.22 and a 200 day simple moving average of $43.66.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 21st will be given a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, August 21st.

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.