Integrated Wealth Concepts LLC Cuts Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Integrated Wealth Concepts LLC trimmed its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 0.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 811,923 shares of the company’s stock after selling 7,616 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.87% of First Trust TCW Unconstrained Plus Bond ETF worth $20,404,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. LPL Financial LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the 3rd quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock valued at $259,322,000 after purchasing an additional 2,207,155 shares in the last quarter. Morling Financial Advisors LLC acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at about $21,367,000. Raymond James Financial Services Advisors Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 288.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 792,747 shares of the company’s stock worth $19,383,000 after purchasing an additional 588,549 shares during the period. Harbour Investments Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 19.8% in the 3rd quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock worth $86,424,000 after purchasing an additional 568,292 shares during the period. Finally, Wagner Wealth Management LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 49.0% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock worth $43,019,000 after buying an additional 563,059 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON stock opened at $24.83 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.09 and a 1 year high of $25.34. The business has a 50 day simple moving average of $24.86 and a 200-day simple moving average of $24.79.

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.