Mather Group LLC. Acquires New Shares in First Trust TCW Unconstrained Plus Bond ETF $UCON

Mather Group LLC. bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 3rd quarter, Holdings Channel.com reports. The fund bought 319,882 shares of the company’s stock, valued at approximately $7,596,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Triumph Capital Management increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 17.0% in the 3rd quarter. Triumph Capital Management now owns 282,822 shares of the company’s stock valued at $6,716,000 after acquiring an additional 41,140 shares during the last quarter. Focus Financial Network Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 1.3% in the 3rd quarter. Focus Financial Network Inc. now owns 441,552 shares of the company’s stock worth $10,485,000 after purchasing an additional 5,705 shares in the last quarter. Avior Wealth Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $1,656,000. Inspirion Wealth Advisors LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $204,000. Finally, First Heartland Consultants Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $15,347,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $23.93 on Friday. The business has a 50-day moving average price of $24.31 and a 200-day moving average price of $24.65. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.56 and a twelve month high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Company 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.