First Trust TCW Unconstrained Plus Bond ETF $UCON Holdings Decreased by Bensler LLC

Bensler LLC lowered its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 31.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 659,863 shares of the company’s stock after selling 297,743 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises about 1.7% of Bensler LLC’s holdings, making the stock its 18th biggest position. Bensler LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $16,621,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter worth approximately $1,139,000. Perigon Wealth Management LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth approximately $416,000. Janney Montgomery Scott LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 40.4% in the second quarter. Janney Montgomery Scott LLC now owns 395,267 shares of the company’s stock worth $9,838,000 after purchasing an additional 113,666 shares during the period. HCR Wealth Advisors boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 147.4% during the 2nd quarter. HCR Wealth Advisors now owns 29,818 shares of the company’s stock valued at $742,000 after purchasing an additional 17,765 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the 2nd quarter. Truist Financial Corp now owns 1,899,046 shares of the company’s stock valued at $47,267,000 after purchasing an additional 52,106 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.12 on Tuesday. The business has a fifty day simple moving average of $25.17 and a 200-day simple moving average of $25.12. 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 firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, January 21st. This represents a c) annualized dividend and a dividend 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.