Commonwealth Financial Services LLC Buys New Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Commonwealth Financial Services LLC acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 3rd quarter, HoldingsChannel reports. The firm acquired 21,702 shares of the company’s stock, valued at approximately $515,000.

Several other large investors have also recently added to or reduced their stakes in UCON. Royal Bank of Canada raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.4% during the 1st quarter. Royal Bank of Canada now owns 4,003,535 shares of the company’s stock worth $99,168,000 after buying an additional 203,447 shares in the last quarter. Envestnet Asset Management Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 2,623,316 shares of the company’s stock valued at $65,268,000 after purchasing an additional 167,138 shares in the last quarter. Trilogy Capital Inc. increased its position in First Trust TCW Unconstrained Plus Bond ETF by 6.2% in the 2nd quarter. Trilogy Capital Inc. now owns 1,572,195 shares of the company’s stock worth $39,116,000 after purchasing an additional 91,824 shares during the last quarter. IFP Advisors Inc increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 36.2% during the 3rd quarter. IFP Advisors Inc now owns 1,538,154 shares of the company’s stock worth $36,523,000 after purchasing an additional 408,615 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 6.6% in the 1st quarter. Cetera Investment Advisers now owns 1,436,630 shares of the company’s stock worth $35,585,000 after purchasing an additional 88,522 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.0%

UCON stock traded down $0.01 during mid-day trading on Tuesday, reaching $23.87. 223,191 shares of the stock traded hands, compared to its average volume of 605,942. The business has a 50-day moving average of $24.27 and a two-hundred day moving average of $24.64. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.56 and a 52 week 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.