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

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 47,503 shares, a drop of 38.1% from the May 31st total of 76,697 shares. Based on an average daily trading volume, of 488,442 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of First Trust TCW Unconstrained Plus Bond ETF

A number of institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter worth approximately $1,139,000. Northwestern Mutual Wealth Management Co. grew its position in 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 worth $114,000 after buying an additional 4,396 shares in the last quarter. Cresset Asset Management LLC grew its position 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 in the last quarter. NewEdge Advisors LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock worth $10,754,000 after acquiring an additional 29,076 shares during the period. Finally, Betterment LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 88.3% in the 2nd quarter. Betterment LLC now owns 18,529 shares of the company’s stock valued at $461,000 after acquiring an additional 8,689 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock remained flat at $24.89 during trading on Friday. 536,388 shares of the stock were exchanged, compared to its average volume of 591,807. The firm’s 50 day moving average price is $24.88 and its 200-day moving average price is $25.02. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.41 and a 52 week high of $25.63.

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.