Janney Montgomery Scott LLC Increases Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Janney Montgomery Scott LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 40.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 395,267 shares of the company’s stock after acquiring an additional 113,666 shares during the period. Janney Montgomery Scott LLC owned 0.33% of First Trust TCW Unconstrained Plus Bond ETF worth $9,838,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of UCON. Maseco LLP purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth about $41,000. Rossby Financial LCC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the first quarter valued at approximately $61,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the first quarter valued at approximately $101,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 81.7% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,869 shares of the company’s stock valued at $121,000 after buying an additional 2,189 shares during the period. Finally, Spire Wealth Management raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 77.0% in the first quarter. Spire Wealth Management now owns 5,068 shares of the company’s stock valued at $125,000 after buying an additional 2,204 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA UCON opened at $25.25 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.38 and a one year high of $25.40. The company’s 50 day moving average price is $25.06 and its 200 day moving average price is $24.83.

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.