Beacon Financial Group Sells 13,251 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Beacon Financial Group cut its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 206,216 shares of the company’s stock after selling 13,251 shares during the period. Beacon Financial Group owned about 0.22% of First Trust TCW Unconstrained Plus Bond ETF worth $5,083,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in UCON. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after purchasing an additional 463 shares in the last quarter. United Advisor Group LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 0.8% during the third quarter. United Advisor Group LLC now owns 64,664 shares of the company’s stock valued at $1,625,000 after buying an additional 502 shares during the period. Q3 Asset Management boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 2.3% during the fourth quarter. Q3 Asset Management now owns 28,622 shares of the company’s stock valued at $705,000 after buying an additional 652 shares during the period. Inspirion Wealth Advisors LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.4% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 24,318 shares of the company’s stock valued at $598,000 after acquiring an additional 795 shares during the last quarter. Finally, First Pacific Financial grew its position in First Trust TCW Unconstrained Plus Bond ETF by 0.3% during the 3rd quarter. First Pacific Financial now owns 333,851 shares of the company’s stock worth $8,390,000 after acquiring an additional 835 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.1 %

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.70 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.09 and a 1-year high of $25.34. The firm has a 50-day moving average of $24.67 and a 200-day moving average of $24.84.

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.