Oppenheimer & Co. Inc. Has $5.10 Million Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Oppenheimer & Co. Inc. grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 16.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 202,536 shares of the company’s stock after purchasing an additional 28,993 shares during the period. Oppenheimer & Co. Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,102,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Ameriprise Financial Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 8.5% during the second quarter. Ameriprise Financial Inc. now owns 2,757,884 shares of the company’s stock worth $68,623,000 after acquiring an additional 216,742 shares in the last quarter. Osaic Holdings Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.6% in the second quarter. Osaic Holdings Inc. now owns 1,614,739 shares of the company’s stock valued at $40,192,000 after purchasing an additional 40,227 shares in the last quarter. Csenge Advisory Group increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.1% during the 3rd quarter. Csenge Advisory Group now owns 1,285,637 shares of the company’s stock worth $32,383,000 after purchasing an additional 39,154 shares during the last quarter. Wagner Wealth Management LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 32.6% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,068,478 shares of the company’s stock worth $26,913,000 after purchasing an additional 262,983 shares in the last quarter. Finally, First Heartland Consultants Inc. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 11.8% in the 2nd quarter. First Heartland Consultants Inc. now owns 1,041,178 shares of the company’s stock valued at $25,915,000 after buying an additional 109,884 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $25.25 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.38 and a 1-year high of $25.63. The firm has a fifty day simple moving average of $25.16 and a 200 day simple moving average of $25.15.

First Trust TCW Unconstrained Plus Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were paid a dividend of $0.09 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.