Commonwealth Financial Services LLC Buys 21,702 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Commonwealth Financial Services LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 21,702 shares of the company’s stock, valued at approximately $515,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EdgeRock Capital LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.9% in the first quarter. EdgeRock Capital LLC now owns 790,536 shares of the company’s stock valued at $19,582,000 after buying an additional 108,661 shares during the period. XML Financial LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 12.6% in the 1st quarter. XML Financial LLC now owns 352,834 shares of the company’s stock valued at $8,740,000 after purchasing an additional 39,601 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 121.8% in the 1st quarter. Gateway Wealth Partners LLC now owns 690,142 shares of the company’s stock valued at $17,095,000 after purchasing an additional 379,005 shares in the last quarter. Triumph Capital Management raised its position in First Trust TCW Unconstrained Plus Bond ETF by 25.4% in the second quarter. Triumph Capital Management now owns 241,682 shares of the company’s stock valued at $6,013,000 after purchasing an additional 48,998 shares during the period. Finally, Collaborative Wealth Managment Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 150.3% in the first quarter. Collaborative Wealth Managment Inc. now owns 567,904 shares of the company’s stock valued at $14,067,000 after purchasing an additional 341,030 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.0%

Shares of UCON traded down $0.01 during midday trading on Tuesday, reaching $23.87. 223,191 shares of the company were exchanged, compared to its average volume of 605,942. The stock has a 50-day moving average price of $24.27 and a 200-day moving average price of $24.64. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.56 and a 1-year high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF 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.