First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC reduced its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 64.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 189,612 shares of the company’s stock after selling 340,078 shares during the quarter. Perennial Investment Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $4,719,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Maseco LLP acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth about $41,000. Bank of Montreal Can acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth approximately $42,000. Chilton Capital Management LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $82,000. Creekmur Asset Management LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 365.8% during the second quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock valued at $99,000 after buying an additional 3,131 shares in the last quarter. Finally, Spire Wealth Management grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 10.6% during the second quarter. Spire Wealth Management now owns 5,606 shares of the company’s stock worth $140,000 after buying an additional 538 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.19 on Tuesday. The firm has a fifty day moving average of $25.25 and a 200-day moving average of $24.96. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.40.

First Trust TCW Unconstrained Plus Bond ETF Company 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.