Envestnet Asset Management Inc. Buys 97,698 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Envestnet Asset Management Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 4.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,172,007 shares of the company’s stock after purchasing an additional 97,698 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.33% of First Trust TCW Unconstrained Plus Bond ETF worth $53,106,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. UBS Group AG increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.3% during the fourth quarter. UBS Group AG now owns 4,432,546 shares of the company’s stock valued at $109,661,000 after acquiring an additional 2,767,863 shares during the last quarter. Assetmark Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.5% during the fourth quarter. Assetmark Inc. now owns 67,798 shares of the company’s stock valued at $1,677,000 after acquiring an additional 4,124 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 463,738 shares of the company’s stock valued at $11,473,000 after acquiring an additional 19,994 shares during the last quarter. US Bancorp DE increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,782.4% during the fourth quarter. US Bancorp DE now owns 143,110 shares of the company’s stock valued at $3,541,000 after acquiring an additional 138,145 shares during the last quarter. Finally, HCR Wealth Advisors purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at approximately $485,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $25.24 on Thursday. The business has a fifty day simple moving average of $24.91 and a two-hundred day simple moving average of $24.62. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $23.45 and a 1 year high of $25.31.

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.