First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Sold by IFP Advisors Inc

IFP Advisors Inc cut its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.8% during the fourth quarter, HoldingsChannel reports. The firm owned 860,304 shares of the company’s stock after selling 34,080 shares during the period. IFP Advisors Inc’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $21,654,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 166.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after purchasing an additional 1,200 shares during the period. International Assets Investment Management LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at $57,000. Cullen Frost Bankers Inc. acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at $113,000. Northwestern Mutual Wealth Management Co. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock valued at $114,000 after purchasing an additional 4,396 shares during the period. Finally, Pinnacle Bancorp Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 167.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 4,860 shares of the company’s stock worth $122,000 after purchasing an additional 3,044 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.69 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.41 and a 12 month high of $25.63. The business has a 50 day simple moving average of $24.89 and a 200-day simple moving average of $25.09.

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.