Tactive Advisors LLC Sells 80,823 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Tactive Advisors LLC reduced its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 39.2% during the 2nd quarter, Holdings Channel reports. The firm owned 125,615 shares of the company’s stock after selling 80,823 shares during the period. Tactive Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $3,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.2% during the fourth quarter. LPL Financial LLC now owns 12,160,045 shares of the company’s stock worth $306,068,000 after purchasing an additional 1,509,510 shares during the period. Ameriprise Financial Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 44.9% in the third quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock valued at $100,689,000 after buying an additional 1,238,354 shares during the period. Arkadios Wealth Advisors boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 3,132.6% during the first quarter. Arkadios Wealth Advisors now owns 1,062,860 shares of the company’s stock worth $26,327,000 after buying an additional 1,029,981 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 318.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,302,870 shares of the company’s stock worth $32,793,000 after buying an additional 991,683 shares during the last quarter. Finally, Harbour Investments Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 21.8% during the 4th quarter. Harbour Investments Inc. now owns 3,561,628 shares of the company’s stock worth $89,646,000 after buying an additional 638,178 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.70 on Friday. The company’s 50 day simple moving average is $24.79 and its 200 day simple moving average is $24.93. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $23.72 and a fifty-two week high of $25.63.

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.