First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 71.9% in June

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 47,100 shares, an increase of 71.9% from the June 15th total of 27,400 shares. Based on an average trading volume of 657,000 shares, the days-to-cover ratio is presently 0.1 days.

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 the company. Stablepoint Partners LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.8% during the 1st quarter. Stablepoint Partners LLC now owns 9,099 shares of the company’s stock worth $397,000 after acquiring an additional 245 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 0.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 52,766 shares of the company’s stock valued at $2,354,000 after purchasing an additional 302 shares in the last quarter. WealthCare Investment Partners LLC increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 1.1% in the 4th quarter. WealthCare Investment Partners LLC now owns 32,277 shares of the company’s stock valued at $1,427,000 after purchasing an additional 355 shares during the last quarter. Accel Wealth Management raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.3% during the 1st quarter. Accel Wealth Management now owns 6,357 shares of the company’s stock worth $277,000 after buying an additional 431 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.6% during the 4th quarter. Benjamin Edwards Inc. now owns 11,086 shares of the company’s stock worth $494,000 after buying an additional 490 shares during the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of FIXD traded up $0.16 during trading hours on Friday, hitting $43.81. 671,981 shares of the company were exchanged, compared to its average volume of 754,476. First Trust TCW Opportunistic Fixed Income ETF has a fifty-two week low of $40.86 and a fifty-two week high of $44.80. The firm’s fifty day moving average is $43.11 and its 200 day moving average is $43.40.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.155 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.86 dividend on an annualized basis and a yield of 4.25%.

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.