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

Tactive Advisors LLC trimmed its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 39.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 125,615 shares of the company’s stock after selling 80,823 shares during the period. Tactive Advisors LLC owned approximately 0.09% of First Trust TCW Unconstrained Plus Bond ETF worth $3,125,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Parallel Advisors LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth approximately $36,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter valued at $39,000. TD Capital Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $48,000. Ascentis Independent Advisors acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at $55,000. Finally, International Assets Investment Management LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $57,000.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.1%

Shares of UCON stock opened at $24.70 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.72 and a 12 month high of $25.63. The stock has a 50-day moving average price of $24.79 and a 200 day moving average price of $24.93.

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.