Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Expands By 516.5%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 411,800 shares, an increase of 516.5% from the October 31st total of 66,800 shares. Based on an average daily trading volume, of 860,600 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On First Trust TCW Opportunistic Fixed Income ETF

Several large investors have recently modified their holdings of FIXD. World Investment Advisors LLC purchased a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter valued at approximately $3,934,000. Sanctuary Advisors LLC boosted its stake in First Trust TCW Opportunistic Fixed Income ETF by 0.5% during the third quarter. Sanctuary Advisors LLC now owns 376,413 shares of the company’s stock valued at $16,295,000 after buying an additional 1,769 shares during the period. Laraway Financial Advisors Inc grew its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.3% during the third quarter. Laraway Financial Advisors Inc now owns 21,115 shares of the company’s stock worth $955,000 after purchasing an additional 1,246 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 14.9% in the third quarter. Orion Portfolio Solutions LLC now owns 168,778 shares of the company’s stock valued at $7,635,000 after purchasing an additional 21,877 shares in the last quarter. Finally, Stifel Financial Corp grew its position in First Trust TCW Opportunistic Fixed Income ETF by 33.5% in the third quarter. Stifel Financial Corp now owns 951,289 shares of the company’s stock worth $43,038,000 after acquiring an additional 238,855 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.4 %

NASDAQ:FIXD traded up $0.16 on Friday, hitting $44.02. The stock had a trading volume of 185,771 shares, compared to its average volume of 765,161. First Trust TCW Opportunistic Fixed Income ETF has a 1 year low of $41.90 and a 1 year high of $46.80. The firm’s fifty day simple moving average is $44.17 and its two-hundred day simple moving average is $44.04.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.145 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.74 annualized dividend and a dividend yield of 3.95%.

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.