TCW Corporate Bond ETF (NYSE:IGCB – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 3 shares, a growth of 200.0% from the August 15th total of 1 shares. Based on an average daily trading volume, of 339 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Hedge Funds Weigh In On TCW Corporate Bond ETF
Large investors have recently modified their holdings of the company. TCW Group Inc. grew its holdings in shares of TCW Corporate Bond ETF by 19.4% during the 4th quarter. TCW Group Inc. now owns 606,284 shares of the company’s stock worth $28,165,000 after purchasing an additional 98,648 shares during the period. Jane Street Group LLC grew its stake in TCW Corporate Bond ETF by 166.0% during the first quarter. Jane Street Group LLC now owns 17,922 shares of the company’s stock worth $820,000 after buying an additional 11,185 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of TCW Corporate Bond ETF by 20.3% in the second quarter. Citadel Advisors LLC now owns 11,130 shares of the company’s stock worth $511,000 after acquiring an additional 1,880 shares in the last quarter.
TCW Corporate Bond ETF Trading Up 0.1%
Shares of IGCB traded up $0.04 during trading hours on Friday, hitting $44.30. The stock had a trading volume of 20 shares, compared to its average volume of 1,729. The company’s fifty day simple moving average is $44.97 and its 200 day simple moving average is $45.59. TCW Corporate Bond ETF has a 12-month low of $44.26 and a 12-month high of $47.37.
About TCW Corporate Bond ETF
The TCW Corporate Bond ETF (IGCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund takes an active approach to holding US investment grade and high yield corporate securities, with an average duration of three to nine years. IGCB was launched on Jun 29, 2018 and is issued by TCW.
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