First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Position Reduced by Millington Financial Advisors LLC

Millington Financial Advisors LLC trimmed its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,181 shares of the company’s stock after selling 608 shares during the period. Millington Financial Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in UCON. LPL Financial LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the third quarter. LPL Financial LLC now owns 5,670,367 shares of the company’s stock worth $135,522,000 after buying an additional 360,767 shares during the last quarter. Harbour Investments Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 4.3% in the 3rd quarter. Harbour Investments Inc. now owns 2,084,141 shares of the company’s stock worth $49,811,000 after purchasing an additional 86,635 shares during the last quarter. Royal Bank of Canada increased its position in First Trust TCW Unconstrained Plus Bond ETF by 23.0% in the third quarter. Royal Bank of Canada now owns 1,875,761 shares of the company’s stock worth $44,831,000 after purchasing an additional 351,227 shares during the period. Larson Financial Group LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.5% during the third quarter. Larson Financial Group LLC now owns 1,117,164 shares of the company’s stock worth $26,700,000 after buying an additional 78,252 shares during the last quarter. Finally, Visionary Wealth Advisors lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.1% in the 3rd quarter. Visionary Wealth Advisors now owns 1,076,527 shares of the company’s stock valued at $25,729,000 after purchasing an additional 71,503 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON traded down $0.06 during mid-day trading on Tuesday, reaching $24.22. The stock had a trading volume of 465,972 shares, compared to its average volume of 648,318. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.45 and a twelve month high of $24.85. The firm has a 50 day simple moving average of $24.50 and a two-hundred day simple moving average of $24.37.

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.