First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lowered its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 58.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 78,531 shares of the company’s stock after selling 111,081 shares during the quarter. Perennial Investment Advisors LLC owned about 0.06% of First Trust TCW Unconstrained Plus Bond ETF worth $1,978,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Bank of Montreal Can acquired a new position in First Trust TCW Unconstrained Plus Bond ETF during the second quarter valued at approximately $42,000. Hazlett Burt & Watson Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after acquiring an additional 1,200 shares during the period. Evolution Wealth Management Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $62,000. Northwestern Mutual Wealth Management Co. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after purchasing an additional 4,396 shares during the period. Finally, AE Wealth Management LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 28.1% in the 3rd quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock valued at $131,000 after purchasing an additional 1,142 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $25.12 on Friday. The business’s 50-day moving average is $25.20 and its two-hundred day moving average is $25.19. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.38 and a 12 month high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a dividend of $0.09 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, February 20th.

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.