First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 87.7% in February

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 168,596 shares, a growth of 87.7% from the January 29th total of 89,801 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 376,493 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 376,493 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

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

A number of large investors have recently added to or reduced their stakes in FIXD. Morgan Stanley grew its stake in First Trust TCW Opportunistic Fixed Income ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 8,859,149 shares of the company’s stock valued at $392,638,000 after purchasing an additional 208,089 shares in the last quarter. LPL Financial LLC boosted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 9.5% during the 4th quarter. LPL Financial LLC now owns 7,076,780 shares of the company’s stock valued at $313,643,000 after buying an additional 612,706 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 4.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,930,860 shares of the company’s stock worth $262,856,000 after buying an additional 241,881 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.4% in the fourth quarter. Raymond James Financial Inc. now owns 2,896,834 shares of the company’s stock worth $128,388,000 after buying an additional 174,165 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in First Trust TCW Opportunistic Fixed Income ETF by 105.9% in the second quarter. Ameriprise Financial Inc. now owns 2,828,195 shares of the company’s stock valued at $124,105,000 after acquiring an additional 1,454,463 shares in the last quarter.

First Trust TCW Opportunistic Fixed Income ETF Trading Up 0.1%

NASDAQ FIXD traded up $0.06 during mid-day trading on Friday, hitting $44.80. The company’s stock had a trading volume of 230,799 shares, compared to its average volume of 409,569. First Trust TCW Opportunistic Fixed Income ETF has a 52-week low of $41.16 and a 52-week high of $45.15. The stock’s fifty day simple moving average is $44.43 and its two-hundred day simple moving average is $44.44.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, February 20th.

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. The fund may hold derivatives. FIXD was launched on Feb 14, 2017 and is managed by First Trust.