Earned Wealth Advisors LLC Increases Stock Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Earned Wealth Advisors LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 35.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 569,979 shares of the company’s stock after purchasing an additional 150,015 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for about 1.5% of Earned Wealth Advisors LLC’s holdings, making the stock its 15th biggest position. Earned Wealth Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $14,346,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter valued at about $1,139,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the 2nd 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 during the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.6% in the second quarter. Twin Peaks Wealth Advisors LLC now owns 221,001 shares of the company’s stock valued at $5,510,000 after acquiring an additional 1,333 shares in the last quarter. Cresset Asset Management LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% in the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock valued at $224,000 after acquiring an additional 757 shares in the last quarter. Finally, Acorn Wealth Advisors LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 26.2% during the second quarter. Acorn Wealth Advisors LLC now owns 44,162 shares of the company’s stock valued at $1,099,000 after acquiring an additional 9,181 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON stock opened at $24.79 on Thursday. The stock’s fifty day simple moving average is $25.08 and its two-hundred day simple moving average is $25.17. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.38 and a 1-year high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Announces Dividend

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

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.