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

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 31,500 shares, a decrease of 69.2% from the November 30th total of 102,400 shares. Based on an average trading volume of 1,057,600 shares, the days-to-cover ratio is currently 0.0 days.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

Shares of NASDAQ:FIXD traded up $0.05 during mid-day trading on Thursday, reaching $42.93. The stock had a trading volume of 390,197 shares, compared to its average volume of 813,494. The firm has a 50 day simple moving average of $43.64 and a two-hundred day simple moving average of $44.13. First Trust TCW Opportunistic Fixed Income ETF has a twelve month low of $41.90 and a twelve month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.145 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.74 annualized dividend and a yield of 4.05%.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in FIXD. Strategic Financial Concepts LLC lifted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 144,169 shares of the company’s stock valued at $62,000 after purchasing an additional 13,402 shares in the last quarter. Signaturefd LLC lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 34.4% in the second quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock valued at $65,000 after buying an additional 384 shares in the last quarter. Icon Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the third quarter valued at approximately $112,000. Hantz Financial Services Inc. acquired a new position in shares of First Trust TCW Opportunistic Fixed Income ETF in the second quarter valued at approximately $117,000. Finally, Daymark Wealth Partners LLC bought a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth $228,000.

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.