Commonwealth Financial Services LLC Sells 21,329 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Commonwealth Financial Services LLC reduced its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 692,946 shares of the company’s stock after selling 21,329 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 3.3% of Commonwealth Financial Services LLC’s portfolio, making the stock its 7th largest holding. Commonwealth Financial Services LLC owned about 0.58% of First Trust TCW Unconstrained Plus Bond ETF worth $17,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of UCON. Christopher J. Hasenberg Inc raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 765.5% during the 1st quarter. Christopher J. Hasenberg Inc now owns 1,298,325 shares of the company’s stock worth $32,147,000 after acquiring an additional 1,148,323 shares in the last quarter. Brookwood Investment Group LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth $17,454,000. Royal Bank of Canada grew its position in First Trust TCW Unconstrained Plus Bond ETF by 19.3% during the 1st quarter. Royal Bank of Canada now owns 3,819,312 shares of the company’s stock worth $94,528,000 after purchasing an additional 618,879 shares during the last quarter. Jane Street Group LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 1,040.1% during the 1st quarter. Jane Street Group LLC now owns 676,882 shares of the company’s stock worth $16,753,000 after purchasing an additional 617,510 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 43.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,047,805 shares of the company’s stock worth $50,683,000 after purchasing an additional 615,896 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.25 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.38 and a 1 year high of $25.40. The company’s fifty day moving average is $25.09 and its two-hundred day moving average is $24.85.

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.