Cyndeo Wealth Partners LLC Boosts Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Cyndeo Wealth Partners LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 4.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 773,673 shares of the company’s stock after buying an additional 32,015 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for 1.0% of Cyndeo Wealth Partners LLC’s investment portfolio, making the stock its 21st largest holding. Cyndeo Wealth Partners LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $19,473,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bleakley Financial Group LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.5% during the third quarter. Bleakley Financial Group LLC now owns 351,996 shares of the company’s stock worth $8,866,000 after purchasing an additional 71,434 shares in the last quarter. Csenge Advisory Group raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 3.1% in the third quarter. Csenge Advisory Group now owns 1,285,637 shares of the company’s stock valued at $32,383,000 after purchasing an additional 39,154 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $803,000. XML Financial LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 6.9% during the third quarter. XML Financial LLC now owns 330,116 shares of the company’s stock valued at $8,315,000 after purchasing an additional 21,442 shares during the last quarter. Finally, Earned Wealth Advisors LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 29.9% during the third quarter. Earned Wealth Advisors LLC now owns 419,964 shares of the company’s stock valued at $10,578,000 after purchasing an additional 96,708 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON stock opened at $24.74 on Friday. The firm has a 50 day simple moving average of $25.15 and a two-hundred day simple moving average of $25.19. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.38 and a one year high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Announces Dividend

The business also recently disclosed 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, February 20th.

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.