Collaborative Wealth Managment Inc. Has $5.71 Million Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Collaborative Wealth Managment Inc. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 67.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 226,874 shares of the company’s stock after purchasing an additional 91,732 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 2.0% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 12th biggest holding. Collaborative Wealth Managment Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,710,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bleakley Financial Group LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 17.8% during the fourth quarter. Bleakley Financial Group LLC now owns 414,678 shares of the company’s stock worth $10,437,000 after buying an additional 62,682 shares during the last quarter. Harbour Investments Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 21.8% in the fourth quarter. Harbour Investments Inc. now owns 3,561,628 shares of the company’s stock valued at $89,646,000 after acquiring an additional 638,178 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at $8,989,000. Commonwealth Financial Services LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.4% in the 4th quarter. Commonwealth Financial Services LLC now owns 709,775 shares of the company’s stock valued at $17,865,000 after acquiring an additional 9,765 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.8% in the 4th quarter. Global Retirement Partners LLC now owns 29,900 shares of the company’s stock valued at $753,000 after acquiring an additional 2,920 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.78 on Tuesday. The stock has a 50-day simple moving average of $24.87 and a 200 day simple moving average of $25.08. 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.