HBW Advisory Services LLC Sells 115,722 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

HBW Advisory Services LLC cut its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 29.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 273,589 shares of the company’s stock after selling 115,722 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises 0.8% of HBW Advisory Services LLC’s holdings, making the stock its 26th biggest position. HBW Advisory Services LLC owned approximately 0.23% of First Trust TCW Unconstrained Plus Bond ETF worth $6,891,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of UCON. Maseco LLP bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $41,000. Bank of Montreal Can acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth $42,000. Evolution Wealth Management Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at $62,000. Chilton Capital Management LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter worth $82,000. Finally, Creekmur Asset Management LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 365.8% in the 2nd quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock worth $99,000 after purchasing an additional 3,131 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON opened at $25.17 on Friday. The business’s 50-day moving average price is $25.21 and its two-hundred day moving average price is $25.07. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.38 and a 1 year high of $25.63.

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.