Truist Financial Corp Cuts Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Truist Financial Corp lessened its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,846,940 shares of the company’s stock after selling 135,376 shares during the period. Truist Financial Corp owned approximately 1.40% of First Trust TCW Unconstrained Plus Bond ETF worth $45,712,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Advisory Services LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.6% in the 1st quarter. Capital Investment Advisory Services LLC now owns 664,635 shares of the company’s stock worth $16,450,000 after acquiring an additional 16,679 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.1% in the 1st quarter. OneDigital Investment Advisors LLC now owns 77,331 shares of the company’s stock worth $1,914,000 after acquiring an additional 3,743 shares during the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 12.9% in the 1st quarter. Silver Oak Securities Incorporated now owns 103,566 shares of the company’s stock worth $2,565,000 after acquiring an additional 11,805 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.7% in the 1st quarter. D.A. Davidson & CO. now owns 109,925 shares of the company’s stock worth $2,721,000 after acquiring an additional 22,470 shares during the last quarter. Finally, Axis Wealth Partners LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 12.5% in the 1st quarter. Axis Wealth Partners LLC now owns 11,581 shares of the company’s stock worth $287,000 after acquiring an additional 1,284 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.85 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.38 and a fifty-two week high of $25.34. The firm has a 50 day moving average price of $24.71 and a 200-day moving average price of $24.70.

First Trust TCW Unconstrained Plus Bond ETF Profile

The First Trust TCW Unconstrained Plus Bond ETF (UCON) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund, which broadly invests in various fixed income securities of almost any sector, maturity, or credit quality. UCON was launched on Jun 4, 2018 and is managed by First Trust.