JPMorgan Chase & Co. Boosts Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

JPMorgan Chase & Co. lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 2.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,642,526 shares of the company’s stock after acquiring an additional 31,961 shares during the quarter. JPMorgan Chase & Co. owned 1.33% of First Trust TCW Unconstrained Plus Bond ETF worth $41,373,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Ameriprise Financial Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 8.5% in the second quarter. Ameriprise Financial Inc. now owns 2,757,884 shares of the company’s stock worth $68,623,000 after purchasing an additional 216,742 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.3% in the third quarter. HighTower Advisors LLC now owns 2,366,022 shares of the company’s stock worth $59,596,000 after buying an additional 75,044 shares during the period. Osaic Holdings Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.6% in the 2nd quarter. Osaic Holdings Inc. now owns 1,614,739 shares of the company’s stock valued at $40,192,000 after acquiring an additional 40,227 shares during the last quarter. Csenge Advisory Group lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.1% in the 3rd quarter. Csenge Advisory Group now owns 1,285,637 shares of the company’s stock valued at $32,383,000 after acquiring an additional 39,154 shares during the last quarter. Finally, Wagner Wealth Management LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 32.6% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,068,478 shares of the company’s stock valued at $26,913,000 after acquiring an additional 262,983 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON opened at $25.29 on Friday. The stock’s 50 day simple moving average is $25.20 and its 200 day simple moving average is $25.18. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.38 and a 1 year high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.09 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 20th.

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.