First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 33.2% in November
First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Get Free Report) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 149,800 shares, an increase of 33.2% from the November 15th total of 112,500 shares. Based on an average daily volume of 805,900 shares, the days-to-cover ratio is presently 0.2 days.
First Trust TCW Opportunistic Fixed Income ETF Price Performance
First Trust TCW Opportunistic Fixed Income ETF stock traded down $0.12 during mid-day trading on Friday, reaching $44.40. 900,017 shares of the company’s stock traded hands, compared to its average volume of 712,924. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.86 and a 12-month high of $46.05. The stock has a 50 day moving average of $42.34 and a two-hundred day moving average of $43.12.
First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd were given a dividend of $0.165 per share. This represents a $1.98 annualized dividend and a dividend yield of 4.46%. The ex-dividend date was Tuesday, November 21st.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in FIXD. Sunbelt Securities Inc. purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter valued at approximately $34,000. Sound Income Strategies LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth $58,000. Tyler Stone Wealth Management purchased a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the second quarter valued at $66,000. PNC Financial Services Group Inc. raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 27.0% in the second quarter. PNC Financial Services Group Inc. now owns 1,762 shares of the company’s stock valued at $78,000 after acquiring an additional 375 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in First Trust TCW Opportunistic Fixed Income ETF by 269.4% in the first quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $84,000 after acquiring an additional 1,347 shares during the period.
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.
Further Reading
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