MBE Wealth Management LLC Has $1.09 Million Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

MBE Wealth Management LLC cut its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 62.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,830 shares of the company’s stock after selling 74,161 shares during the period. MBE Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $1,091,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UCON. Christopher J. Hasenberg Inc lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 765.5% during the first quarter. Christopher J. Hasenberg Inc now owns 1,298,325 shares of the company’s stock worth $32,147,000 after acquiring an additional 1,148,323 shares during the last quarter. Brookwood Investment Group LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the first quarter worth approximately $17,454,000. Royal Bank of Canada lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 19.3% during the first quarter. Royal Bank of Canada now owns 3,819,312 shares of the company’s stock worth $94,528,000 after acquiring an additional 618,879 shares during the last quarter. Jane Street Group LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 1,040.1% during the first quarter. Jane Street Group LLC now owns 676,882 shares of the company’s stock worth $16,753,000 after acquiring an additional 617,510 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 43.0% during the first quarter. Commonwealth Equity Services LLC now owns 2,047,805 shares of the company’s stock worth $50,683,000 after acquiring an additional 615,896 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON stock opened at $25.11 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.40. The firm has a 50 day moving average price of $25.01 and a two-hundred day moving average price of $24.82.

About First Trust TCW Unconstrained Plus Bond ETF

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.