First Heartland Consultants Inc. Trims Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

First Heartland Consultants Inc. cut its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 33.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 689,421 shares of the company’s stock after selling 351,757 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up 1.4% of First Heartland Consultants Inc.’s investment portfolio, making the stock its 14th biggest holding. First Heartland Consultants Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $17,365,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in UCON. Bleakley Financial Group LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 25.5% in the third quarter. Bleakley Financial Group LLC now owns 351,996 shares of the company’s stock valued at $8,866,000 after buying an additional 71,434 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 100,168 shares of the company’s stock valued at $2,523,000 after acquiring an additional 20,612 shares during the period. Clear Creek Financial Management LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 1.9% in the 3rd quarter. Clear Creek Financial Management LLC now owns 41,904 shares of the company’s stock valued at $1,055,000 after purchasing an additional 785 shares during the last quarter. Collaborative Wealth Managment Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 81.7% in the 3rd quarter. Collaborative Wealth Managment Inc. now owns 135,142 shares of the company’s stock valued at $3,404,000 after purchasing an additional 60,763 shares during the last quarter. Finally, Synergy Investment Management LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter worth $6,343,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA UCON opened at $25.28 on Tuesday. The firm’s fifty day moving average is $25.19 and its two-hundred day moving average is $25.18. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.38 and a one year high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) annualized dividend and a yield of 4.3%.

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.