Grant GrossMendelsohn LLC Decreases Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Grant GrossMendelsohn LLC cut its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 14.5% in the fourth quarter, HoldingsChannel reports. The firm owned 11,386 shares of the company’s stock after selling 1,925 shares during the quarter. Grant GrossMendelsohn LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $281,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of UCON. LPL Financial LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.2% in the 3rd quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock valued at $259,322,000 after acquiring an additional 2,207,155 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 133.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after purchasing an additional 711,314 shares during the period. Harbour Investments Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.8% during the 3rd quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock valued at $86,424,000 after purchasing an additional 568,292 shares during the last quarter. Wagner Wealth Management LLC raised its holdings 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 valued at $43,019,000 after buying an additional 563,059 shares during the period. Finally, Raymond James & Associates increased its position in First Trust TCW Unconstrained Plus Bond ETF by 84.6% during the third quarter. Raymond James & Associates now owns 1,113,916 shares of the company’s stock valued at $27,993,000 after acquiring an additional 510,549 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON opened at $24.68 on Friday. The company’s fifty day simple moving average is $24.69 and its 200-day simple moving average is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.09 and a twelve month high of $25.34.

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.