HighTower Advisors LLC Has $59.60 Million Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

HighTower Advisors LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,366,022 shares of the company’s stock after acquiring an additional 75,044 shares during the period. HighTower Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $59,596,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 8.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,757,884 shares of the company’s stock valued at $68,623,000 after buying an additional 216,742 shares during the period. Osaic Holdings Inc. increased its position 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 worth $40,192,000 after purchasing an additional 40,227 shares during the period. Csenge Advisory Group increased its position in First Trust TCW Unconstrained Plus Bond ETF by 3.1% in the third 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 period. Wagner Wealth Management LLC raised its holdings in 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 during the last quarter. Finally, First Heartland Consultants Inc. lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 11.8% during the 2nd quarter. First Heartland Consultants Inc. now owns 1,041,178 shares of the company’s stock valued at $25,915,000 after purchasing an additional 109,884 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.2%

Shares of NYSEARCA UCON opened at $25.35 on Tuesday. 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’s 50-day moving average is $25.17 and its 200-day moving average is $25.16.

First Trust TCW Unconstrained Plus Bond ETF Cuts Dividend

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

First Trust TCW Unconstrained Plus Bond ETF Company 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.