LPL Financial LLC Acquires 1,509,510 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

LPL Financial LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 14.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,160,045 shares of the company’s stock after buying an additional 1,509,510 shares during the quarter. LPL Financial LLC owned approximately 9.53% of First Trust TCW Unconstrained Plus Bond ETF worth $306,068,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Goldman Sachs Group Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth approximately $1,139,000. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after purchasing an additional 4,396 shares during the last quarter. Cresset Asset Management LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after purchasing an additional 757 shares during the last quarter. NewEdge Advisors LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock worth $10,754,000 after purchasing an additional 29,076 shares during the last quarter. Finally, Betterment LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the 2nd quarter. Betterment LLC now owns 18,529 shares of the company’s stock worth $461,000 after purchasing an additional 8,689 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.81 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.41 and a 52-week high of $25.63. The firm has a 50 day moving average price of $24.88 and a two-hundred day moving average price of $25.05.

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.