Kestra Advisory Services LLC Has $12.54 Million Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Kestra Advisory Services LLC reduced its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 10.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 506,120 shares of the company’s stock after selling 56,370 shares during the quarter. Kestra Advisory Services LLC owned about 0.39% of First Trust TCW Unconstrained Plus Bond ETF worth $12,537,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Greenwood Capital Associates LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 34.8% in the first quarter. Greenwood Capital Associates LLC now owns 20,063 shares of the company’s stock valued at $497,000 after acquiring an additional 5,177 shares during the last quarter. Navalign LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.2% in the 1st quarter. Navalign LLC now owns 598,694 shares of the company’s stock valued at $14,830,000 after purchasing an additional 18,655 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter valued at $55,000. Walkner Condon Financial Advisors LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.7% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 740,026 shares of the company’s stock valued at $18,330,000 after purchasing an additional 71,685 shares during the last quarter. Finally, Evolution Wealth Management Inc. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 7,063 shares of the company’s stock worth $175,000 after buying an additional 1,428 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON stock opened at $24.80 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.41 and a twelve month high of $25.63. The business has a fifty day simple moving average of $24.88 and a 200 day simple moving average of $25.00.

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.