First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 36.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,538,154 shares of the company’s stock after purchasing an additional 408,615 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 0.6% of IFP Advisors Inc’s portfolio, making the stock its 22nd biggest position. IFP Advisors Inc’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $36,523,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cyndeo Wealth Partners LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.0% during the third quarter. Cyndeo Wealth Partners LLC now owns 934,030 shares of the company’s stock valued at $22,179,000 after acquiring an additional 61,164 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth about $7,596,000. Triumph Capital Management grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 17.0% in the third quarter. Triumph Capital Management now owns 282,822 shares of the company’s stock worth $6,716,000 after purchasing an additional 41,140 shares during the last quarter. Focus Financial Network Inc. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.3% in the third quarter. Focus Financial Network Inc. now owns 441,552 shares of the company’s stock worth $10,485,000 after purchasing an additional 5,705 shares during the last quarter. Finally, Avior Wealth Management LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $1,656,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON opened at $23.91 on Friday. The stock’s 50 day moving average price is $24.29 and its 200-day moving average price is $24.65. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.56 and a 52-week high of $25.63.

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.