TFB Advisors LLC Sells 1,218 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

TFB Advisors LLC lowered its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 7.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 15,798 shares of the company’s stock after selling 1,218 shares during the quarter. TFB Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $393,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 61.1% in the first quarter. J.W. Cole Advisors Inc. now owns 52,650 shares of the company’s stock valued at $1,303,000 after purchasing an additional 19,972 shares during the period. Goldman Sachs Group Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth approximately $1,139,000. Spire Wealth Management increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 77.0% during the 1st quarter. Spire Wealth Management now owns 5,068 shares of the company’s stock worth $125,000 after acquiring an additional 2,204 shares during the period. Janney Montgomery Scott LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 40.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 395,267 shares of the company’s stock worth $9,838,000 after acquiring an additional 113,666 shares during the period. Finally, Defined Wealth Management LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 3.4% during the 2nd quarter. Defined Wealth Management LLC now owns 104,676 shares of the company’s stock worth $2,605,000 after acquiring an additional 3,416 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.0%

First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.31 on Thursday. The firm’s 50 day simple moving average is $25.15 and its 200 day simple moving average is $24.88. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.38 and a 1-year high of $25.40.

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.