Envestnet Portfolio Solutions Inc. Has $4.80 Million Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Envestnet Portfolio Solutions Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 32.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 194,863 shares of the company’s stock after buying an additional 47,388 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.21% of First Trust TCW Unconstrained Plus Bond ETF worth $4,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UCON. Huntington National Bank raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% in the third quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after buying an additional 1,110 shares in the last quarter. GHP Investment Advisors Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at approximately $31,000. Truvestments Capital LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at approximately $37,000. Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at approximately $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 20.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after purchasing an additional 463 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.82 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.09 and a one year high of $25.34. The firm has a 50 day simple moving average of $24.73 and a two-hundred day simple moving average of $24.82.

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.