Bank of America Corp DE Grows Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Bank of America Corp DE lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 25.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,827,054 shares of the company’s stock after purchasing an additional 972,637 shares during the quarter. Bank of America Corp DE owned about 0.05% of First Trust TCW Unconstrained Plus Bond ETF worth $118,987,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. GHP Investment Advisors Inc. purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at approximately $31,000. Pinnacle Bancorp Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at $45,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock worth $66,000 after buying an additional 463 shares during the last quarter. PNC Financial Services Group Inc. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth about $68,000. Finally, Spire Wealth Management grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 5,303.8% in the 4th quarter. Spire Wealth Management now owns 2,864 shares of the company’s stock valued at $71,000 after acquiring an additional 2,811 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.68 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.24 and a 12-month high of $25.34. The company has a 50-day moving average of $24.72 and a two-hundred day moving average of $24.71.

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.