First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Shares Shorted: Short Interest Down 99.0% in October

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 4,592 shares, a drop of 99.0% from the October 15th total of 482,264 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 637,306 shares, the short-interest ratio is presently 0.0 days.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.7%

NASDAQ:FIXD traded down $0.30 during midday trading on Thursday, reaching $41.67. The company had a trading volume of 1,195,944 shares, compared to its average volume of 446,208. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $38.56 and a 12-month high of $44.97. The stock’s fifty day simple moving average is $41.90 and its 200-day simple moving average is $43.23.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were given a $0.1650 dividend. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $1.98 dividend on an annualized basis and a yield of 4.8%.

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

Several hedge funds and other institutional investors have recently made changes to their positions in FIXD. Benjamin Edwards Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $5,500,000. First Trust Advisors LP acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $7,485,000. Private Advisor Group LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $4,061,000. Composition Wealth LLC acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $380,000. Finally, TD Capital Management LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the third quarter worth approximately $212,000.

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.