Prasad Wealth Partners LLC Sells 116,256 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Prasad Wealth Partners LLC lowered its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 26.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 330,503 shares of the company’s stock after selling 116,256 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for 2.4% of Prasad Wealth Partners LLC’s portfolio, making the stock its 17th biggest position. Prasad Wealth Partners LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $8,226,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UCON. Maseco LLP bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $41,000. Rossby Financial LCC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $61,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $101,000. Spire Wealth Management increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 77.0% during the first quarter. Spire Wealth Management now owns 5,068 shares of the company’s stock valued at $125,000 after buying an additional 2,204 shares during the period. Finally, Moloney Securities Asset Management LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $204,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON opened at $25.22 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.40. The stock’s 50 day moving average price is $25.07 and its 200-day moving average price is $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.