First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Stock Short Interest Report for September

First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 60,077 shares, a drop of 84.0% from the September 15th total of 374,803 shares. Based on an average trading volume of 744,274 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On First Trust TCW Unconstrained Plus Bond ETF

Several large investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.4% in the first quarter. Royal Bank of Canada now owns 4,003,535 shares of the company’s stock valued at $99,168,000 after purchasing an additional 203,447 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,623,316 shares of the company’s stock worth $65,268,000 after buying an additional 167,138 shares during the period. Trilogy Capital Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 6.2% in the second quarter. Trilogy Capital Inc. now owns 1,572,195 shares of the company’s stock valued at $39,116,000 after acquiring an additional 91,824 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.6% during the first quarter. Cetera Investment Advisers now owns 1,436,630 shares of the company’s stock valued at $35,585,000 after acquiring an additional 88,522 shares during the period. Finally, Aptus Capital Advisors LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 318.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,302,870 shares of the company’s stock valued at $32,793,000 after purchasing an additional 991,683 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON traded up $0.01 during mid-day trading on Monday, reaching $23.86. 355,756 shares of the company’s stock traded hands, compared to its average volume of 599,758. The business’s 50-day moving average price is $24.37 and its 200-day moving average price is $24.68. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.56 and a 12 month 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.