Bank of America Corp DE Decreases Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Bank of America Corp DE trimmed its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,833,580 shares of the company’s stock after selling 122,035 shares during the period. Bank of America Corp DE’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $94,958,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UCON. Huntleigh Advisors Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2.5% during the 4th quarter. Huntleigh Advisors Inc. now owns 18,059 shares of the company’s stock valued at $455,000 after buying an additional 439 shares during the period. Axis Wealth Partners LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 4.0% in the fourth quarter. Axis Wealth Partners LLC now owns 13,058 shares of the company’s stock worth $329,000 after buying an additional 501 shares during the last quarter. Titleist Asset Management LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the fourth quarter. Titleist Asset Management LLC now owns 9,701 shares of the company’s stock worth $244,000 after buying an additional 620 shares during the period. Cresset Asset Management LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after buying an additional 757 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 14.0% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 6,356 shares of the company’s stock worth $157,000 after buying an additional 783 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.1%

UCON stock opened at $24.70 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.72 and a twelve month high of $25.63. The firm’s fifty day simple moving average is $24.79 and its two-hundred day simple moving average is $24.93.

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.