Commonwealth Financial Services LLC Has $17.94 Million Stock Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Commonwealth Financial Services LLC raised its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 0.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 727,741 shares of the company’s stock after purchasing an additional 422 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 3.5% of Commonwealth Financial Services LLC’s holdings, making the stock its 6th biggest position. Commonwealth Financial Services LLC owned 0.78% of First Trust TCW Unconstrained Plus Bond ETF worth $17,939,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the 3rd quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock worth $259,322,000 after acquiring an additional 2,207,155 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 133.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after acquiring an additional 711,314 shares during the period. Harbour Investments Inc. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.8% during the 3rd quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock worth $86,424,000 after acquiring an additional 568,292 shares during the period. Wagner Wealth Management LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 49.0% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock worth $43,019,000 after acquiring an additional 563,059 shares during the period. Finally, Raymond James & Associates lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 84.6% during the 3rd quarter. Raymond James & Associates now owns 1,113,916 shares of the company’s stock valued at $27,993,000 after purchasing an additional 510,549 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock opened at $24.67 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.09 and a 12-month high of $25.34. The firm has a 50-day moving average price of $24.68 and a 200 day moving average price of $24.84.

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.