Econ Financial Services Corp Has $4.40 Million Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Econ Financial Services Corp increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 56.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 174,973 shares of the company’s stock after acquiring an additional 63,269 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up 2.2% of Econ Financial Services Corp’s portfolio, making the stock its 8th biggest position. Econ Financial Services Corp’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $4,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Savvy Advisors Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.7% in the third quarter. Savvy Advisors Inc. now owns 15,508 shares of the company’s stock valued at $391,000 after acquiring an additional 405 shares during the period. Axis Wealth Partners LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.1% during the third quarter. Axis Wealth Partners LLC now owns 12,557 shares of the company’s stock worth $316,000 after purchasing an additional 490 shares during the period. Stratos Wealth Advisors LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.6% during the third quarter. Stratos Wealth Advisors LLC now owns 35,286 shares of the company’s stock worth $889,000 after purchasing an additional 559 shares during the period. Cresset Asset Management LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock valued at $224,000 after purchasing an additional 757 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.9% during the 3rd quarter. Clear Creek Financial Management LLC now owns 41,904 shares of the company’s stock valued at $1,055,000 after purchasing an additional 785 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.5%

Shares of UCON opened at $24.77 on Wednesday. The stock has a 50 day simple moving average of $25.09 and a 200 day simple moving average of $25.17. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a $0.09 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, February 20th.

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.