Beacon Financial Group Cuts Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Beacon Financial Group lessened its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206,216 shares of the company’s stock after selling 13,251 shares during the quarter. Beacon Financial Group’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,083,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Huntington National Bank increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% during the 3rd quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after purchasing an additional 1,110 shares in the last quarter. GHP Investment Advisors Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth about $31,000. Truvestments Capital LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth approximately $37,000. Pinnacle Bancorp Inc. purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter worth approximately $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock worth $66,000 after purchasing an additional 463 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.1 %

Shares of UCON opened at $24.70 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.09 and a 1-year high of $25.34. The firm has a fifty day simple moving average of $24.67 and a two-hundred day simple moving average of $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.