First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Bought by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 81.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 135,142 shares of the company’s stock after buying an additional 60,763 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 1.4% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 17th largest holding. Collaborative Wealth Managment Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $3,404,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in UCON. Goldman Sachs Group Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter worth $1,139,000. Chokshi & Queen Wealth Advisors Inc grew its position in First Trust TCW Unconstrained Plus Bond ETF by 16.8% during the 2nd quarter. Chokshi & Queen Wealth Advisors Inc now owns 12,367 shares of the company’s stock worth $308,000 after purchasing an additional 1,781 shares during the period. Brookstone Capital Management raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.6% during the 2nd quarter. Brookstone Capital Management now owns 19,747 shares of the company’s stock valued at $492,000 after buying an additional 493 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 21.0% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 12,186 shares of the company’s stock valued at $303,000 after buying an additional 2,112 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.7% in the 2nd quarter. Bleakley Financial Group LLC now owns 280,562 shares of the company’s stock valued at $6,983,000 after buying an additional 10,132 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.1%

First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.33 on Thursday. The business’s 50-day moving average price is $25.18 and its 200 day moving average price is $25.17. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were paid a $0.09 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Wednesday, January 21st.

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.