First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Shares Sold by Asset Allocation Strategies LLC

Asset Allocation Strategies LLC lowered its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 0.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 52,674 shares of the company’s stock after selling 447 shares during the quarter. Asset Allocation Strategies LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $1,288,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of UCON. UBS Group AG lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.3% during the fourth quarter. UBS Group AG now owns 4,432,546 shares of the company’s stock worth $109,661,000 after purchasing an additional 2,767,863 shares in the last quarter. EdgeRock Capital LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth about $20,716,000. Raymond James Financial Services Advisors Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 288.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 792,747 shares of the company’s stock worth $19,383,000 after acquiring an additional 588,549 shares in the last quarter. Osaic Holdings Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 59.1% during the 1st quarter. Osaic Holdings Inc. now owns 1,475,875 shares of the company’s stock valued at $36,307,000 after purchasing an additional 548,375 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 68.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,187,238 shares of the company’s stock worth $29,206,000 after purchasing an additional 482,281 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock traded down $0.03 on Friday, hitting $24.98. 676,635 shares of the company’s stock traded hands, compared to its average volume of 655,201. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.45 and a 52-week high of $25.08. The firm’s 50-day moving average is $24.75 and its 200 day moving average is $24.56.

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.