Park Square Financial Group LLC Cuts Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Park Square Financial Group LLC cut its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 41.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,177 shares of the company’s stock after selling 31,704 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for 4.8% of Park Square Financial Group LLC’s investment portfolio, making the stock its 7th largest holding. Park Square Financial Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $1,113,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bank of Montreal Can acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $42,000. Hazlett Burt & Watson Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 166.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after purchasing an additional 1,200 shares in the last quarter. Evolution Wealth Management Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter valued at about $62,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock valued at $114,000 after purchasing an additional 4,396 shares during the period. Finally, AE Wealth Management LLC boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 28.1% during the 3rd quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock worth $131,000 after purchasing an additional 1,142 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.0%

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.28 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.38 and a one year high of $25.63. The business has a 50-day simple moving average of $25.20 and a 200 day simple moving average of $25.19.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a yield of 4.3%.

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.