First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 516.5% in November

by · The Cerbat Gem

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Get Free Report) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 411,800 shares, a growth of 516.5% from the October 31st total of 66,800 shares. Based on an average daily volume of 860,600 shares, the short-interest ratio is presently 0.5 days.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

Shares of NASDAQ FIXD traded up $0.15 on Wednesday, reaching $43.86. 405,972 shares of the company’s stock traded hands, compared to its average volume of 767,669. The business’s 50 day simple moving average is $44.24 and its two-hundred day simple moving average is $44.04. First Trust TCW Opportunistic Fixed Income ETF has a 12 month low of $41.90 and a 12 month high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.74 annualized dividend and a dividend yield of 3.97%.

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 the stock. Jane Street Group LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter worth $37,365,000. Cetera Investment Advisers grew its holdings in First Trust TCW Opportunistic Fixed Income ETF by 90.9% during the 1st quarter. Cetera Investment Advisers now owns 1,606,270 shares of the company’s stock valued at $70,033,000 after buying an additional 764,778 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 11.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,530,581 shares of the company’s stock valued at $324,192,000 after acquiring an additional 762,655 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in First Trust TCW Opportunistic Fixed Income ETF by 170.7% during the third quarter. Thrivent Financial for Lutherans now owns 993,616 shares of the company’s stock valued at $44,951,000 after purchasing an additional 626,542 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 9,430,365 shares of the company’s stock worth $426,630,000 after buying an additional 615,776 shares during the last quarter.

About First Trust TCW Opportunistic Fixed Income ETF

(Get Free Report)

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.

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