First Trust TCW Unconstrained Plus Bond ETF $UCON Position Lessened by Bensler LLC

Bensler LLC lowered its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 31.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 659,863 shares of the company’s stock after selling 297,743 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 1.7% of Bensler LLC’s holdings, making the stock its 18th largest position. Bensler LLC owned approximately 0.53% of First Trust TCW Unconstrained Plus Bond ETF worth $16,621,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at $42,000. Evolution Wealth Management Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter worth about $62,000. Chilton Capital Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at about $82,000. Creekmur Asset Management LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 365.8% during the 2nd quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock valued at $99,000 after purchasing an additional 3,131 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd 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 period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA UCON opened at $25.12 on Tuesday. The company has a 50-day moving average price of $25.17 and a two-hundred day moving average price of $25.12. 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 announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 21st will be given a $0.09 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, January 21st.

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.