US Bancorp DE Sells 47,834 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

US Bancorp DE lessened its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 15.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,817 shares of the company’s stock after selling 47,834 shares during the quarter. US Bancorp DE’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $6,418,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Bank of Montreal Can bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at $42,000. Hazlett Burt & Watson Inc. lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 166.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock worth $48,000 after buying an additional 1,200 shares during the period. Evolution Wealth Management Inc. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter worth about $62,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock valued at $114,000 after purchasing an additional 4,396 shares during the last quarter. Finally, AE Wealth Management LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 28.1% during the 3rd quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock valued at $131,000 after purchasing an additional 1,142 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON opened at $25.28 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.63. The company’s 50-day simple moving average is $25.20 and its two-hundred day simple moving average is $25.19.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a dividend of $0.09 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.