First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Short Interest Update

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 18,263 shares, a decline of 61.9% from the February 26th total of 47,964 shares. Based on an average trading volume of 754,795 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 754,795 shares, the short-interest ratio is currently 0.0 days.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.2%

NYSEARCA UCON opened at $24.77 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.38 and a 1-year high of $25.63. The firm’s fifty day simple moving average is $25.14 and its 200-day simple moving average is $25.19.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a $0.09 dividend. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Institutional Investors Weigh In On First Trust TCW Unconstrained Plus Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at approximately $36,000. Hazlett Burt & Watson Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the third 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 in the last quarter. TD Capital Management LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at approximately $48,000. International Assets Investment Management LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at approximately $57,000. Finally, Evolution Wealth Management Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth approximately $62,000.

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.