CoreCap Advisors LLC Purchases 66,602 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

CoreCap Advisors LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 24.5% during the third quarter, HoldingsChannel reports. The fund owned 338,535 shares of the company’s stock after buying an additional 66,602 shares during the quarter. CoreCap Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $8,039,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of UCON. Tactive Advisors LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 72.1% in the third quarter. Tactive Advisors LLC now owns 216,209 shares of the company’s stock valued at $5,134,000 after purchasing an additional 90,594 shares during the last quarter. Park National Corp OH acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at about $272,000. Adelphi Trust Co increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 50.5% in the third quarter. Adelphi Trust Co now owns 17,624 shares of the company’s stock valued at $418,000 after buying an additional 5,914 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 29,473 shares of the company’s stock valued at $733,000 after buying an additional 589 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,623,316 shares of the company’s stock worth $65,268,000 after buying an additional 167,138 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.1%

NYSEARCA:UCON traded up $0.03 during mid-day trading on Thursday, hitting $23.85. 1,004,461 shares of the company’s stock were exchanged, compared to its average volume of 599,456. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $23.56 and a fifty-two week high of $25.63. The company has a 50 day simple moving average of $24.40 and a 200-day simple moving average of $24.69.

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.