232,693 Shares in First Trust TCW Unconstrained Plus Bond ETF $UCON Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 232,693 shares of the company’s stock, valued at approximately $5,861,000. Gateway Wealth Partners LLC owned approximately 0.19% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UCON. Csenge Advisory Group grew its position in First Trust TCW Unconstrained Plus Bond ETF by 3.1% in the third quarter. Csenge Advisory Group now owns 1,285,637 shares of the company’s stock valued at $32,383,000 after acquiring an additional 39,154 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at $803,000. Earned Wealth Advisors LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 29.9% in the 3rd quarter. Earned Wealth Advisors LLC now owns 419,964 shares of the company’s stock worth $10,578,000 after purchasing an additional 96,708 shares during the last quarter. XML Financial LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 6.9% in the third quarter. XML Financial LLC now owns 330,116 shares of the company’s stock valued at $8,315,000 after buying an additional 21,442 shares during the last quarter. Finally, Live Oak Investment Partners increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.7% in the 3rd quarter. Live Oak Investment Partners now owns 357,979 shares of the company’s stock valued at $9,017,000 after acquiring an additional 61,380 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.0%

UCON stock opened at $25.20 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.38 and a 1-year high of $25.63. The firm has a fifty day moving average price of $25.16 and a two-hundred day moving average price of $25.14.

First Trust TCW Unconstrained Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.