Beaumont Financial Advisors LLC Sells 165,374 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Beaumont Financial Advisors LLC cut its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 60.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 110,419 shares of the company’s stock after selling 165,374 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $2,735,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Blackhawk Capital Partners LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.1% during the 1st quarter. Blackhawk Capital Partners LLC now owns 85,698 shares of the company’s stock valued at $2,123,000 after acquiring an additional 13,755 shares in the last quarter. Collaborative Wealth Managment Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 150.3% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 567,904 shares of the company’s stock worth $14,067,000 after purchasing an additional 341,030 shares in the last quarter. Geneos Wealth Management Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 44.3% in the first quarter. Geneos Wealth Management Inc. now owns 635,772 shares of the company’s stock valued at $15,748,000 after purchasing an additional 195,297 shares during the last quarter. HBW Advisory Services LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 3.4% in the first quarter. HBW Advisory Services LLC now owns 409,888 shares of the company’s stock valued at $10,153,000 after purchasing an additional 13,304 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.2% during the first quarter. Chicago Partners Investment Group LLC now owns 510,491 shares of the company’s stock valued at $12,742,000 after purchasing an additional 20,574 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock opened at $24.80 on Thursday. The business’s 50-day moving average price is $24.87 and its 200-day moving average price is $25.00. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.41 and a 12 month high of $25.63.

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.