IFP Advisors Inc Purchases 236,972 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

IFP Advisors Inc increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 26.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,129,539 shares of the company’s stock after buying an additional 236,972 shares during the period. IFP Advisors Inc’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $28,103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Titleist Asset Management LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the fourth quarter. Titleist Asset Management LLC now owns 9,701 shares of the company’s stock valued at $244,000 after acquiring an additional 620 shares during the last quarter. Cresset Asset Management LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% in the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after acquiring an additional 757 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.0% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 6,356 shares of the company’s stock worth $157,000 after acquiring an additional 783 shares in the last quarter. Balefire LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.4% in the 1st quarter. Balefire LLC now owns 33,578 shares of the company’s stock valued at $832,000 after purchasing an additional 784 shares during the period. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 44.2% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,773 shares of the company’s stock valued at $69,000 after purchasing an additional 850 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.52 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $23.72 and a one year high of $25.63. The stock’s 50-day moving average is $24.67 and its 200 day moving average is $24.84.

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.