Morling Financial Advisors LLC Trims Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Morling Financial Advisors LLC reduced its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 98.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 16,869 shares of the company’s stock after selling 1,253,420 shares during the period. Morling Financial Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $420,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Maseco LLP purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter valued at $41,000. Bank of Montreal Can bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at about $42,000. Chilton Capital Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at about $82,000. Creekmur Asset Management LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 365.8% in the 2nd quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock valued at $99,000 after buying an additional 3,131 shares during the period. Finally, Spire Wealth Management grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 10.6% in the 2nd quarter. Spire Wealth Management now owns 5,606 shares of the company’s stock worth $140,000 after acquiring an additional 538 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.1%

First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.21 on Wednesday. The company has a 50 day moving average price of $25.25 and a 200-day moving average price of $24.97. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.38 and a fifty-two week high of $25.40.

About First Trust TCW Unconstrained Plus Bond ETF

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.