First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Sees Significant Decline in Short Interest

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 66,800 shares, a drop of 86.6% from the October 15th total of 499,300 shares. Based on an average daily volume of 774,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Signaturefd LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the 2nd quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock worth $65,000 after acquiring an additional 384 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at $117,000. Freestone Capital Holdings LLC purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at about $201,000. Kaydan Wealth Management Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at approximately $212,000. Finally, Daymark Wealth Partners LLC acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 3rd quarter worth approximately $228,000.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

NASDAQ FIXD traded down $0.27 on Tuesday, reaching $43.42. The company had a trading volume of 1,153,164 shares, compared to its average volume of 756,334. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.78 and a 12 month high of $46.80. The firm’s 50 day moving average price is $44.69 and its 200 day moving average price is $43.97.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were paid a $0.155 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.28%.

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.