Thrivent Financial for Lutherans Lowers Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Thrivent Financial for Lutherans lessened its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 47.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,066 shares of the company’s stock after selling 72,279 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.06% of First Trust TCW Unconstrained Plus Bond ETF worth $2,017,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Axis Wealth Partners LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.1% during the 3rd quarter. Axis Wealth Partners LLC now owns 12,557 shares of the company’s stock worth $316,000 after purchasing an additional 490 shares during the last quarter. Brookstone Capital Management lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.6% during the second quarter. Brookstone Capital Management now owns 19,747 shares of the company’s stock valued at $492,000 after buying an additional 493 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.6% in the 2nd quarter. Spire Wealth Management now owns 5,606 shares of the company’s stock valued at $140,000 after buying an additional 538 shares in the last quarter. Horan Securities Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.3% in the 2nd quarter. Horan Securities Inc. now owns 20,416 shares of the company’s stock worth $508,000 after buying an additional 659 shares during the last quarter. Finally, Cresset Asset Management LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% in the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after buying an additional 757 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $25.25 on Thursday. The firm has a 50 day moving average of $25.16 and a 200 day moving average of $25.15. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were given a dividend of $0.09 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.