First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC trimmed its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 21.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,254 shares of the company’s stock after selling 2,877 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $254,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UCON. Raymond James & Associates increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 121.8% during the 3rd quarter. Raymond James & Associates now owns 92,198 shares of the company’s stock worth $2,204,000 after purchasing an additional 50,627 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 16.6% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 57,116 shares of the company’s stock worth $1,365,000 after purchasing an additional 8,142 shares in the last quarter. Inspire Advisors LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter worth approximately $217,000. Assetmark Inc. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.5% during the 3rd quarter. Assetmark Inc. now owns 63,674 shares of the company’s stock worth $1,522,000 after purchasing an additional 10,815 shares in the last quarter. Finally, GSG Advisors LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter worth approximately $2,048,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON opened at $24.39 on Thursday. The firm has a 50 day simple moving average of $24.44 and a 200-day simple moving average of $24.41. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.45 and a 1-year high of $24.85.

About First Trust TCW Unconstrained Plus Bond ETF

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.