Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Decreases By 97.5%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 22,000 shares, a decrease of 97.5% from the January 15th total of 873,600 shares. Based on an average trading volume of 1,120,400 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock valued at $426,630,000 after buying an additional 615,776 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 3.4% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 7,787,804 shares of the company’s stock valued at $352,320,000 after buying an additional 257,223 shares in the last quarter. Raymond James Financial Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter valued at about $158,285,000. Allen Capital Group LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 6.7% in the 4th quarter. Allen Capital Group LLC now owns 1,338,620 shares of the company’s stock valued at $57,520,000 after buying an additional 84,052 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 37.1% in the 4th quarter. Truist Financial Corp now owns 1,326,162 shares of the company’s stock valued at $56,985,000 after buying an additional 358,868 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

FIXD stock opened at $42.90 on Thursday. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $39.42 and a 52-week high of $46.80. The company’s 50-day simple moving average is $43.12 and its 200-day simple moving average is $44.01.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.155 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.