Axis Wealth Partners LLC Boosts Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Axis Wealth Partners LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 12.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,581 shares of the company’s stock after purchasing an additional 1,284 shares during the quarter. Axis Wealth Partners LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $287,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at $45,297,000. LPL Financial LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.9% during the fourth quarter. LPL Financial LLC now owns 11,963,596 shares of the company’s stock worth $294,903,000 after buying an additional 1,644,378 shares during the period. Bank of America Corp DE lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.2% during the 4th quarter. Bank of America Corp DE now owns 4,827,054 shares of the company’s stock worth $118,987,000 after purchasing an additional 972,637 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 28.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,211,307 shares of the company’s stock valued at $103,809,000 after buying an additional 921,134 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.6% in the fourth quarter. Harbour Investments Inc. now owns 3,975,370 shares of the company’s stock worth $97,993,000 after purchasing an additional 536,285 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 $24.88 on Thursday. The company has a 50 day moving average price of $24.70 and a 200 day moving average price of $24.70. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.34.

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.