First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Acquired by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 755,223 shares of the company’s stock after buying an additional 31,578 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up about 1.3% of Capital Investment Advisory Services LLC’s holdings, making the stock its 9th biggest holding. Capital Investment Advisory Services LLC owned 0.59% of First Trust TCW Unconstrained Plus Bond ETF worth $19,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in UCON. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth $1,139,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after buying an additional 4,396 shares during the last quarter. Cresset Asset Management LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after buying an additional 757 shares during the last quarter. Stonehaven Wealth & Tax Solutions LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.2% during the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 245,652 shares of the company’s stock worth $6,114,000 after buying an additional 7,517 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock worth $10,754,000 after buying an additional 29,076 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON stock opened at $24.94 on Thursday. The business has a fifty day simple moving average of $25.06 and a 200-day simple moving average of $25.15. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.63.

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.