Integrated Wealth Concepts LLC Grows Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Integrated Wealth Concepts LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 9.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 982,703 shares of the company’s stock after purchasing an additional 84,095 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $24,450,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Goldman Sachs Group Inc. purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter valued at approximately $1,139,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 worth $114,000 after acquiring an additional 4,396 shares during the period. Cresset Asset Management LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% in the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock valued at $224,000 after purchasing an additional 757 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% in the second quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock valued at $10,754,000 after purchasing an additional 29,076 shares in the last quarter. Finally, Betterment LLC raised its stake in shares of 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 valued at $461,000 after purchasing an additional 8,689 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.52 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.72 and a 52 week high of $25.63. The business has a 50-day simple moving average of $24.67 and a two-hundred day simple moving average of $24.84.

About First Trust TCW Unconstrained Plus Bond ETF

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.