Lido Advisors LLC Cuts Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Lido Advisors LLC reduced its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 38.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,710 shares of the company’s stock after selling 22,246 shares during the period. Lido Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $885,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Cetera Investment Advisers grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.6% during the first quarter. Cetera Investment Advisers now owns 1,436,630 shares of the company’s stock valued at $35,585,000 after purchasing an additional 88,522 shares in the last quarter. Earned Wealth Advisors LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 11.3% in the first quarter. Earned Wealth Advisors LLC now owns 637,190 shares of the company’s stock worth $15,783,000 after buying an additional 64,489 shares in the last quarter. Commonwealth Financial Services LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.9% in the first quarter. Commonwealth Financial Services LLC now owns 765,621 shares of the company’s stock worth $18,964,000 after buying an additional 55,846 shares in the last quarter. Balefire LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.4% during the first quarter. Balefire LLC now owns 33,578 shares of the company’s stock valued at $832,000 after buying an additional 784 shares during the last quarter. Finally, Spartan Wealth Advisory Services LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $15,523,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA UCON opened at $24.62 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.72 and a 1-year high of $25.63. The business has a 50 day simple moving average of $24.82 and a two-hundred day simple moving average of $24.96.

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.