B. Riley Wealth Advisors Inc. Invests $803,000 in First Trust TCW Unconstrained Plus Bond ETF $UCON

B. Riley Wealth Advisors Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 32,261 shares of the company’s stock, valued at approximately $803,000.

Other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new position in First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $1,139,000. Geneos Wealth Management Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 153.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 663,387 shares of the company’s stock valued at $16,512,000 after acquiring an additional 401,248 shares during the period. Avantax Advisory Services Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 2.9% during the second quarter. Avantax Advisory Services Inc. now owns 239,994 shares of the company’s stock valued at $5,973,000 after purchasing an additional 6,854 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 40.4% in the second quarter. Janney Montgomery Scott LLC now owns 395,267 shares of the company’s stock valued at $9,838,000 after purchasing an additional 113,666 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 116.8% in the second quarter. Legacy Wealth Managment LLC ID now owns 276,854 shares of the company’s stock worth $6,891,000 after purchasing an additional 149,128 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.3%

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.11 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.63. The firm’s 50 day moving average price is $25.23 and its 200-day moving average price is $25.05.

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.