First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Short Interest Down 61.9% in March

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) was the recipient of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 18,263 shares, a drop of 61.9% from the February 26th total of 47,964 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 754,795 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust TCW Unconstrained Plus Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 29.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 69,625 shares of the company’s stock worth $1,752,000 after acquiring an additional 15,899 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at $494,000. TD Capital Management LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at $48,000. Claris Financial LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth about $225,000. Finally, Axxcess Wealth Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth about $8,865,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA UCON remained flat at $24.58 during trading on Friday. The company’s stock had a trading volume of 682,273 shares, compared to its average volume of 635,964. The stock has a fifty day moving average price of $25.10 and a 200 day moving average price of $25.18. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.38 and a 12 month high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Announces Dividend

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

First Trust TCW Unconstrained Plus Bond ETF Company 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.