Orion Portfolio Solutions LLC Sells 2,895 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Orion Portfolio Solutions LLC trimmed its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 26.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,153 shares of the company’s stock after selling 2,895 shares during the period. Orion Portfolio Solutions LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $201,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UCON. Sanctuary Advisors LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 13.0% in the third quarter. Sanctuary Advisors LLC now owns 14,636 shares of the company’s stock worth $361,000 after acquiring an additional 1,682 shares during the period. Brookstone Capital Management raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.0% in 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 period. JPMorgan Chase & Co. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 133.0% in the third quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock valued at $31,318,000 after purchasing an additional 711,314 shares during the last quarter. Park National Corp OH grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 18.2% during the fourth quarter. Park National Corp OH now owns 843,002 shares of the company’s stock valued at $20,780,000 after purchasing an additional 129,836 shares during the period. Finally, MML Investors Services LLC increased its position in First Trust TCW Unconstrained Plus Bond ETF by 24.3% in the third quarter. MML Investors Services LLC now owns 243,031 shares of the company’s stock worth $6,107,000 after buying an additional 47,586 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.54 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.09 and a 1 year high of $25.34. The stock’s fifty day moving average price is $24.77 and its two-hundred day moving average price is $24.77.

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.