First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,642,526 shares of the company’s stock after purchasing an additional 31,961 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.33% of First Trust TCW Unconstrained Plus Bond ETF worth $41,373,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Bank of Montreal Can purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at about $42,000. Hazlett Burt & Watson Inc. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock worth $48,000 after buying an additional 1,200 shares during the period. Evolution Wealth Management Inc. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth approximately $62,000. Northwestern Mutual Wealth Management Co. raised 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 acquiring an additional 4,396 shares in the last quarter. Finally, AE Wealth Management LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 28.1% in the third quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock worth $131,000 after acquiring an additional 1,142 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.7%

NYSEARCA UCON opened at $24.74 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.63. The firm has a 50 day moving average of $25.15 and a two-hundred day moving average of $25.19.

First Trust TCW Unconstrained Plus Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.09 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was 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.