Capital Investment Advisory Services LLC Grows Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Capital Investment Advisory Services LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 7.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 723,645 shares of the company’s stock after buying an additional 52,847 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for about 1.4% of Capital Investment Advisory Services LLC’s investment portfolio, making the stock its 8th largest position. Capital Investment Advisory Services LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $18,227,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of UCON. Bank of Montreal Can acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth $42,000. Hazlett Burt & Watson Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after acquiring an additional 1,200 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $62,000. Chilton Capital Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the second quarter valued at about $82,000. Finally, Creekmur Asset Management LLC increased its position in First Trust TCW Unconstrained Plus Bond ETF by 365.8% in the 2nd quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock worth $99,000 after buying an additional 3,131 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.2%

NYSEARCA:UCON opened at $25.19 on Friday. The company has a 50-day moving average of $25.16 and a 200-day moving average of $25.14. 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 Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, January 21st. 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.