First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Shares Sold by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC trimmed its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 15,259 shares of the company’s stock after selling 2,209 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Huntington National Bank raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% during the third quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after acquiring an additional 1,110 shares during the period. Truvestments Capital LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth $37,000. Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at about $45,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after acquiring an additional 463 shares during the last quarter. Finally, Chris Bulman Inc bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth $205,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA UCON opened at $24.61 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.09 and a 52 week high of $25.34. The business’s 50-day simple moving average is $24.68 and its 200-day simple moving average is $24.83.

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.