First Trust TCW Unconstrained Plus Bond ETF $UCON Stake Lowered by Nova Wealth Management Inc.

Nova Wealth Management Inc. cut its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 26.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 341,226 shares of the company’s stock after selling 123,993 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up 6.2% of Nova Wealth Management Inc.’s portfolio, making the stock its biggest position. Nova Wealth Management Inc. owned about 0.29% of First Trust TCW Unconstrained Plus Bond ETF worth $8,493,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 61.1% during the first quarter. J.W. Cole Advisors Inc. now owns 52,650 shares of the company’s stock valued at $1,303,000 after buying an additional 19,972 shares during the last quarter. Spire Wealth Management boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 77.0% during the first quarter. Spire Wealth Management now owns 5,068 shares of the company’s stock valued at $125,000 after buying an additional 2,204 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at $697,000. Park National Corp OH boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.9% during the first quarter. Park National Corp OH now owns 884,325 shares of the company’s stock valued at $21,887,000 after buying an additional 41,323 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at $452,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.0%

First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.24 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.38 and a one year high of $25.34. The business’s fifty day moving average is $24.93 and its 200 day moving average is $24.80.

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.