Bleakley Financial Group LLC Cuts Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Bleakley Financial Group LLC lessened its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 272,826 shares of the company’s stock after selling 15,883 shares during the period. Bleakley Financial Group LLC owned approximately 0.29% of First Trust TCW Unconstrained Plus Bond ETF worth $6,856,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Janiczek Wealth Management LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.4% in the 1st quarter. Janiczek Wealth Management LLC now owns 563,795 shares of the company’s stock worth $13,869,000 after buying an additional 7,771 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 72.2% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 23,558 shares of the company’s stock worth $583,000 after buying an additional 9,879 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 41.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 112,295 shares of the company’s stock worth $2,762,000 after buying an additional 33,000 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 73.0% in the 1st quarter. J.W. Cole Advisors Inc. now owns 18,300 shares of the company’s stock worth $450,000 after buying an additional 7,719 shares during the last quarter. Finally, Vicus Capital boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.9% in the 1st quarter. Vicus Capital now owns 296,675 shares of the company’s stock worth $7,298,000 after buying an additional 16,599 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $25.00 on Friday. The stock’s 50 day moving average price is $25.07 and its 200-day moving average price is $24.69. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.45 and a twelve month high of $25.34.

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.