Envestnet Portfolio Solutions Inc. Acquires 34,065 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Envestnet Portfolio Solutions Inc. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 18.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 216,764 shares of the company’s stock after purchasing an additional 34,065 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,456,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in UCON. Trilogy Capital Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at $34,449,000. Ameriprise Financial Inc. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 44.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock valued at $100,689,000 after acquiring an additional 1,238,354 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 1,439.0% during the 4th quarter. Stratos Wealth Partners LTD. now owns 688,132 shares of the company’s stock valued at $17,320,000 after acquiring an additional 643,418 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $8,803,000. Finally, Wealth Advisory Team LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at $7,905,000.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.5%

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.82 on Thursday. The firm has a fifty day moving average of $24.89 and a two-hundred day moving average of $25.09. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.41 and a 52 week high of $25.63.

About First Trust TCW Unconstrained Plus Bond ETF

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.