Prospera Financial Services Inc Lowers Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Prospera Financial Services Inc lessened its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 77.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,142 shares of the company’s stock after selling 112,425 shares during the period. Prospera Financial Services Inc’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $809,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Ameriprise Financial Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 44.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock worth $100,689,000 after purchasing an additional 1,238,354 shares in the last quarter. Bank of America Corp DE boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 1.6% in the 3rd quarter. Bank of America Corp DE now owns 3,799,150 shares of the company’s stock worth $95,693,000 after purchasing an additional 59,713 shares in the last quarter. HighTower Advisors LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 2.3% in the 4th quarter. HighTower Advisors LLC now owns 2,420,156 shares of the company’s stock worth $60,915,000 after purchasing an additional 54,134 shares in the last quarter. Raymond James Financial Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 15.0% in the 3rd quarter. Raymond James Financial Inc. now owns 2,234,761 shares of the company’s stock worth $56,290,000 after purchasing an additional 290,839 shares in the last quarter. Finally, Truist Financial Corp boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 6.7% in the 4th quarter. Truist Financial Corp now owns 1,693,691 shares of the company’s stock worth $42,630,000 after purchasing an additional 106,843 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.93 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.41 and a 12 month high of $25.63. The stock’s 50 day simple moving average is $24.87 and its two-hundred day simple moving average is $25.07.

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.