First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Stock Short Interest Falls 99.0%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 4,592 shares, a drop of 99.0% from the October 15th total of 482,264 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 637,306 shares, the short-interest ratio is currently 0.0 days.

First Trust TCW Opportunistic Fixed Income ETF Trading Down 0.6%

NASDAQ FIXD traded down $0.25 during trading hours on Tuesday, hitting $41.94. 1,456,012 shares of the company were exchanged, compared to its average volume of 441,692. First Trust TCW Opportunistic Fixed Income ETF has a 52 week low of $38.56 and a 52 week high of $44.97. The stock has a 50-day moving average price of $41.92 and a 200 day moving average price of $43.24.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were given a $0.1650 dividend. The ex-dividend date was Wednesday, October 21st. This represents a $1.98 dividend on an annualized basis and a yield of 4.7%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FIXD. Quest 10 Wealth Builders Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 27.0% during the third quarter. Quest 10 Wealth Builders Inc. now owns 1,372 shares of the company’s stock valued at $57,000 after buying an additional 292 shares during the period. Allworth Financial LP raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 8.6% in the second quarter. Allworth Financial LP now owns 4,805 shares of the company’s stock worth $210,000 after buying an additional 380 shares during the period. ABLE Financial Group LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.9% in the third quarter. ABLE Financial Group LLC now owns 7,124 shares of the company’s stock worth $294,000 after buying an additional 457 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 2.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 22,129 shares of the company’s stock worth $965,000 after buying an additional 510 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in shares of First Trust TCW Opportunistic Fixed Income ETF by 10.7% during the 1st quarter. International Assets Investment Management LLC now owns 5,419 shares of the company’s stock worth $236,000 after acquiring an additional 524 shares during the last quarter.

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.