JPMorgan Chase & Co. Acquires 711,314 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

JPMorgan Chase & Co. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 133.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,246,222 shares of the company’s stock after buying an additional 711,314 shares during the period. JPMorgan Chase & Co. owned 1.33% of First Trust TCW Unconstrained Plus Bond ETF worth $31,318,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of UCON. Private Advisor Group LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 6.2% in the second quarter. Private Advisor Group LLC now owns 432,474 shares of the company’s stock worth $10,574,000 after purchasing an additional 25,245 shares in the last quarter. Savant Capital LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $1,918,000. Ashton Thomas Private Wealth LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 18.4% in the second quarter. Ashton Thomas Private Wealth LLC now owns 148,516 shares of the company’s stock valued at $3,631,000 after buying an additional 23,055 shares in the last quarter. Financial Futures Ltd Liability Co. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 9.6% in the 2nd quarter. Financial Futures Ltd Liability Co. now owns 414,042 shares of the company’s stock worth $10,123,000 after acquiring an additional 36,382 shares in the last quarter. Finally, Wedbush Securities Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth about $329,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.64 on Tuesday. The firm has a 50-day simple moving average of $24.71 and a 200-day simple moving average of $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.09 and a 52 week high of $25.34.

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.