Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Expands By 715.2%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 256,800 shares, an increase of 715.2% from the December 15th total of 31,500 shares. Based on an average daily volume of 1,156,000 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of First Trust TCW Opportunistic Fixed Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Icon Wealth Advisors LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at $112,000. Daymark Wealth Partners LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at $228,000. Avidian Wealth Enterprises LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.1% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock valued at $249,000 after purchasing an additional 318 shares in the last quarter. Legacy Capital Wealth Partners LLC purchased a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at $257,000. Finally, Allworth Financial LP boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 25.5% in the 3rd quarter. Allworth Financial LP now owns 6,289 shares of the company’s stock valued at $284,000 after purchasing an additional 1,277 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ FIXD traded down $0.10 during midday trading on Monday, hitting $42.39. The company’s stock had a trading volume of 364,859 shares, compared to its average volume of 1,032,592. The stock has a fifty day moving average price of $43.39 and a 200 day moving average price of $44.09. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $39.42 and a one year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date of this dividend was Friday, December 13th.

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.