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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 31,500 shares, a drop of 69.2% from the November 30th total of 102,400 shares. Based on an average daily volume of 1,057,600 shares, the short-interest ratio is currently 0.0 days.

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

A number of large investors have recently bought and sold shares of the business. Daymark Wealth Partners LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth $228,000. Axxcess Wealth Management LLC lifted its position in First Trust TCW Opportunistic Fixed Income ETF by 7.9% during the 2nd quarter. Axxcess Wealth Management LLC now owns 571,676 shares of the company’s stock worth $24,611,000 after buying an additional 41,748 shares in the last quarter. Moloney Securities Asset Management LLC grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 34.8% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 7,537 shares of the company’s stock worth $324,000 after acquiring an additional 1,947 shares during the last quarter. Cannon Financial Strategists Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter valued at about $3,297,000. Finally, Howard Financial Services LTD. raised its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.4% in the third quarter. Howard Financial Services LTD. now owns 306,362 shares of the company’s stock worth $13,860,000 after acquiring an additional 4,152 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD traded up $0.05 on Thursday, reaching $42.93. The stock had a trading volume of 390,197 shares, compared to its average volume of 813,494. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $41.90 and a 1-year high of $46.80. The stock has a fifty day moving average price of $43.64 and a 200-day moving average price of $44.13.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.145 dividend. This represents a $1.74 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend is Friday, December 13th.

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.