Royal Bank of Canada Boosts Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Royal Bank of Canada raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 5.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,003,535 shares of the company’s stock after acquiring an additional 203,447 shares during the period. Royal Bank of Canada owned approximately 3.08% of First Trust TCW Unconstrained Plus Bond ETF worth $99,168,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. 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. Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock valued at $114,000 after purchasing an additional 4,396 shares during the last quarter. Cresset Asset Management LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after purchasing an additional 757 shares during the period. NewEdge Advisors LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock worth $10,754,000 after purchasing an additional 29,076 shares during the period. Finally, Betterment LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the 2nd quarter. Betterment LLC now owns 18,529 shares of the company’s stock worth $461,000 after purchasing an additional 8,689 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.1%

NYSEARCA UCON opened at $24.57 on Friday. The stock has a 50-day simple moving average of $24.81 and a two-hundred day simple moving average of $24.95. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $23.72 and a fifty-two week high of $25.63.

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.