First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 2.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,420,156 shares of the company’s stock after acquiring an additional 54,134 shares during the quarter. HighTower Advisors LLC owned 1.90% of First Trust TCW Unconstrained Plus Bond ETF worth $60,915,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 166.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock valued at $48,000 after acquiring an additional 1,200 shares during the period. International Assets Investment Management LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at $57,000. Northwestern Mutual Wealth Management Co. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock valued at $114,000 after acquiring an additional 4,396 shares during the period. Pinnacle Bancorp Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 167.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 4,860 shares of the company’s stock valued at $122,000 after acquiring an additional 3,044 shares during the period. Finally, AE Wealth Management LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 28.1% in the 3rd quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock valued at $131,000 after acquiring an additional 1,142 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.82 on Thursday. The company’s fifty day moving average price is $24.89 and its 200 day moving average price is $25.09. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.41 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.