Sanctuary Advisors LLC Sells 979 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Sanctuary Advisors LLC reduced its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.7% during the 4th quarter, HoldingsChannel reports. The fund owned 13,657 shares of the company’s stock after selling 979 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brookstone Capital Management increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.0% during the 4th quarter. Brookstone Capital Management now owns 16,543 shares of the company’s stock worth $408,000 after purchasing an additional 3,517 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 133.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after purchasing an additional 711,314 shares during the last quarter. Park National Corp OH increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 18.2% during the 4th quarter. Park National Corp OH now owns 843,002 shares of the company’s stock worth $20,780,000 after purchasing an additional 129,836 shares during the last quarter. MML Investors Services LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 24.3% during the 3rd quarter. MML Investors Services LLC now owns 243,031 shares of the company’s stock worth $6,107,000 after purchasing an additional 47,586 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock worth $66,000 after purchasing an additional 463 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.95 on Tuesday. The company’s 50-day moving average is $24.67 and its 200-day moving average is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.09 and a fifty-two week high of $25.34.

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.