First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Short Interest Update

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 80,316 shares, a drop of 32.8% from the January 15th total of 119,459 shares. Based on an average trading volume of 637,754 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 637,754 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust TCW Unconstrained Plus Bond ETF

A number of large investors have recently modified their holdings of the business. Parallel Advisors LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth approximately $36,000. Bank of Montreal Can purchased a new position in First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth approximately $42,000. Hazlett Burt & Watson Inc. boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock worth $48,000 after buying an additional 1,200 shares during the last quarter. International Assets Investment Management LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $57,000. Finally, Evolution Wealth Management Inc. purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at $62,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.2%

Shares of NYSEARCA UCON traded up $0.04 during trading on Friday, hitting $25.35. The company had a trading volume of 497,121 shares, compared to its average volume of 630,094. The stock has a fifty day simple moving average of $25.17 and a two-hundred day simple moving average of $25.16. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.38 and a fifty-two week high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Cuts Dividend

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

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.