MBE Wealth Management LLC Has $931,000 Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

MBE Wealth Management LLC lessened its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 54.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,049 shares of the company’s stock after selling 44,450 shares during the period. MBE Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $931,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of UCON. LPL Financial LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.7% during the second quarter. LPL Financial LLC now owns 8,112,063 shares of the company’s stock worth $198,340,000 after acquiring an additional 1,099,102 shares in the last quarter. Morling Financial Advisors LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth about $21,367,000. Raymond James Financial Services Advisors Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 288.2% during 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. Wagner Wealth Management LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 49.0% during the third quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock worth $43,019,000 after acquiring an additional 563,059 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 59.1% during the first quarter. Osaic Holdings Inc. now owns 1,475,875 shares of the company’s stock worth $36,307,000 after acquiring an additional 548,375 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON traded down $0.07 on Monday, hitting $24.92. 181,759 shares of the company were exchanged, compared to its average volume of 659,281. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.45 and a 12 month high of $25.34. The stock’s fifty day moving average is $25.07 and its 200-day moving average is $24.70.

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.