Fifth Third Securities Inc. Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF $UCON

Fifth Third Securities Inc. acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 46,556 shares of the company’s stock, valued at approximately $1,105,000.

A number of other hedge funds have also recently modified their holdings of the company. Royal Bank of Canada raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.4% during the first quarter. Royal Bank of Canada now owns 4,003,535 shares of the company’s stock valued at $99,168,000 after acquiring an additional 203,447 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 2,623,316 shares of the company’s stock worth $65,268,000 after purchasing an additional 167,138 shares during the period. Trilogy Capital Inc. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.2% in the second quarter. Trilogy Capital Inc. now owns 1,572,195 shares of the company’s stock worth $39,116,000 after purchasing an additional 91,824 shares during the last quarter. IFP Advisors Inc grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 36.2% in the third quarter. IFP Advisors Inc now owns 1,538,154 shares of the company’s stock worth $36,523,000 after purchasing an additional 408,615 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.6% in the first quarter. Cetera Investment Advisers now owns 1,436,630 shares of the company’s stock worth $35,585,000 after purchasing an additional 88,522 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON opened at $23.93 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $23.56 and a 1 year high of $25.63. The stock’s 50-day moving average is $24.23 and its 200 day moving average is $24.62.

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.