First Heartland Consultants Inc. Sells 36,686 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

First Heartland Consultants Inc. reduced its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 652,735 shares of the company’s stock after selling 36,686 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 1.2% of First Heartland Consultants Inc.’s portfolio, making the stock its 16th biggest holding. First Heartland Consultants Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $16,429,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 44.9% in the 3rd 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 in the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.6% during the third quarter. Bank of America Corp DE now owns 3,799,150 shares of the company’s stock worth $95,693,000 after buying an additional 59,713 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.3% in the third quarter. HighTower Advisors LLC now owns 2,366,022 shares of the company’s stock valued at $59,596,000 after acquiring an additional 75,044 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.0% in the third quarter. Raymond James Financial Inc. now owns 2,234,761 shares of the company’s stock valued at $56,290,000 after acquiring an additional 290,839 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.0% in the third quarter. JPMorgan Chase & Co. now owns 1,642,526 shares of the company’s stock valued at $41,373,000 after acquiring an additional 31,961 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.4%

NYSEARCA:UCON opened at $24.83 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.63. The firm’s 50-day simple moving average is $25.15 and its 200 day simple moving average is $25.19.

First Trust TCW Unconstrained Plus Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend 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.