Collaborative Wealth Managment Inc. Has $14.07 Million Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Collaborative Wealth Managment Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 150.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 567,904 shares of the company’s stock after purchasing an additional 341,030 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up 6.5% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 2nd biggest holding. Collaborative Wealth Managment Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $14,067,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in UCON. Huntleigh Advisors Inc. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.5% in the fourth quarter. Huntleigh Advisors Inc. now owns 18,059 shares of the company’s stock worth $455,000 after buying an additional 439 shares in the last quarter. Axis Wealth Partners LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 4.0% during the fourth quarter. Axis Wealth Partners LLC now owns 13,058 shares of the company’s stock valued at $329,000 after buying an additional 501 shares during the period. Titleist Asset Management LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the fourth quarter. Titleist Asset Management LLC now owns 9,701 shares of the company’s stock worth $244,000 after buying an additional 620 shares in the last quarter. Cresset Asset Management LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after buying an additional 757 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 44.2% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,773 shares of the company’s stock worth $69,000 after acquiring an additional 850 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.1%

NYSEARCA:UCON opened at $24.80 on Thursday. The business’s 50-day moving average price is $24.87 and its two-hundred day moving average price is $25.00. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.41 and a twelve month high of $25.63.

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.