Focus Financial Network Inc. Makes New $10.84 Million Investment in First Trust TCW Unconstrained Plus Bond ETF $UCON

Focus Financial Network Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 435,847 shares of the company’s stock, valued at approximately $10,844,000.

Other hedge funds also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.2% in the fourth quarter. LPL Financial LLC now owns 12,160,045 shares of the company’s stock valued at $306,068,000 after acquiring an additional 1,509,510 shares during the last quarter. Ameriprise Financial Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 44.9% during the third quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock valued at $100,689,000 after purchasing an additional 1,238,354 shares during the last quarter. Arkadios Wealth Advisors grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 3,132.6% in the first quarter. Arkadios Wealth Advisors now owns 1,062,860 shares of the company’s stock valued at $26,327,000 after purchasing an additional 1,029,981 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 318.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,302,870 shares of the company’s stock valued at $32,793,000 after purchasing an additional 991,683 shares in the last quarter. Finally, Harbour Investments Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 21.8% during the 4th quarter. Harbour Investments Inc. now owns 3,561,628 shares of the company’s stock worth $89,646,000 after purchasing an additional 638,178 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.70 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $23.72 and a 12-month high of $25.63. The business’s 50 day moving average is $24.79 and its 200-day moving average is $24.93.

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.