Perennial Investment Advisors LLC Reduces Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Perennial Investment Advisors LLC cut its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 58.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 78,531 shares of the company’s stock after selling 111,081 shares during the quarter. Perennial Investment Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $1,978,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Savvy Advisors Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.7% during the 3rd quarter. Savvy Advisors Inc. now owns 15,508 shares of the company’s stock worth $391,000 after buying an additional 405 shares during the period. Axis Wealth Partners LLC grew its stake 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 valued at $316,000 after acquiring an additional 490 shares in the last quarter. Stratos Wealth Advisors LLC increased 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 acquiring an additional 559 shares during the last quarter. Horan Securities Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.3% in the second quarter. Horan Securities Inc. now owns 20,416 shares of the company’s stock worth $508,000 after acquiring an additional 659 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% in the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after acquiring an additional 757 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $25.12 on Friday. 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. The business has a 50 day moving average price of $25.20 and a two-hundred day moving average price of $25.19.

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 given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.