Beacon Financial Group Sells 29,839 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Beacon Financial Group reduced its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 13.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 189,292 shares of the company’s stock after selling 29,839 shares during the quarter. Beacon Financial Group owned 0.16% of First Trust TCW Unconstrained Plus Bond ETF worth $4,768,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Axis Wealth Partners LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.2% in the 2nd quarter. Axis Wealth Partners LLC now owns 12,067 shares of the company’s stock worth $300,000 after buying an additional 486 shares during the last quarter. Chris Bulman Inc raised its position in First Trust TCW Unconstrained Plus Bond ETF by 2.8% in the second quarter. Chris Bulman Inc now owns 18,130 shares of the company’s stock worth $451,000 after acquiring an additional 493 shares during the period. Brookstone Capital Management boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.6% in the second quarter. Brookstone Capital Management now owns 19,747 shares of the company’s stock valued at $492,000 after acquiring an additional 493 shares during the last quarter. Spire Wealth Management grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.6% during the 2nd quarter. Spire Wealth Management now owns 5,606 shares of the company’s stock valued at $140,000 after acquiring an additional 538 shares during the period. Finally, Horan Securities Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.3% during the 2nd quarter. Horan Securities Inc. now owns 20,416 shares of the company’s stock valued at $508,000 after acquiring an additional 659 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.0%

NYSEARCA:UCON opened at $25.10 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.38 and a 12 month high of $25.63. The firm’s 50 day moving average is $25.23 and its 200 day moving average is $25.05.

First Trust TCW Unconstrained Plus Bond ETF 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.