Northwest Wealth Management LLC Purchases Shares of 22,144 First Trust TCW Unconstrained Plus Bond ETF $UCON

Northwest Wealth Management LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 22,144 shares of the company’s stock, valued at approximately $557,000.

Several other hedge funds also recently made changes to their positions in UCON. Hazlett Burt & Watson Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after purchasing an additional 1,200 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth approximately $62,000. Northwestern Mutual Wealth Management Co. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after buying an additional 4,396 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 28.1% in the third quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock valued at $131,000 after buying an additional 1,142 shares in the last quarter. Finally, Huntington National Bank bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at $133,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON opened at $24.58 on Monday. The stock has a fifty day moving average of $25.10 and a 200-day moving average of $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 announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

First Trust TCW Unconstrained Plus Bond ETF 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.