First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Update

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 131,873 shares, an increase of 1,463.8% from the May 14th total of 8,433 shares. Based on an average daily volume of 432,775 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BAM Wealth Management LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 4th quarter worth about $514,000. Alpha Financial Advisors LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.9% during the 4th quarter. Alpha Financial Advisors LLC now owns 384,721 shares of the company’s stock valued at $17,051,000 after purchasing an additional 31,524 shares during the period. Merit Financial Group LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter valued at about $826,000. Farther Finance Advisors LLC grew its stake 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 valued at $4,720,000 after purchasing an additional 49,623 shares during the period. Finally, CWM LLC grew its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 16.6% during the 4th 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 during the period.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of NASDAQ:FIXD traded up $0.10 during midday trading on Tuesday, reaching $43.48. 372,304 shares of the company’s stock were exchanged, compared to its average volume of 410,076. The company’s 50 day simple moving average is $43.65 and its two-hundred day simple moving average is $44.10. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were given a $0.165 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, May 21st.

About First Trust TCW Opportunistic Fixed Income ETF

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.