First Trust TCW Unconstrained Plus Bond ETF $UCON Stock: HBW Advisory Services LLC Reduces Stake

HBW Advisory Services LLC trimmed its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 50.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 215,877 shares of the company’s stock after selling 216,192 shares during the quarter. HBW Advisory Services LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,126,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Mather Group LLC. purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth $7,596,000. Triumph Capital Management increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 17.0% in the 3rd quarter. Triumph Capital Management now owns 282,822 shares of the company’s stock valued at $6,716,000 after acquiring an additional 41,140 shares during the period. Focus Financial Network Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.3% in the 3rd quarter. Focus Financial Network Inc. now owns 441,552 shares of the company’s stock valued at $10,485,000 after acquiring an additional 5,705 shares during the period. Avior Wealth Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter worth $1,656,000. Finally, Inspirion Wealth Advisors LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter worth $204,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $23.82 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.56 and a 1-year high of $25.63. The business has a fifty day moving average price of $24.32 and a 200 day moving average price of $24.66.

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.