First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Acquired by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 10.7% in the first quarter, HoldingsChannel reports. The firm owned 740,026 shares of the company’s stock after acquiring an additional 71,685 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for about 2.4% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 7th biggest position. Walkner Condon Financial Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $18,330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth about $1,139,000. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock valued at $114,000 after acquiring an additional 4,396 shares during the period. 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 valued at $224,000 after acquiring an additional 757 shares during the period. NewEdge Advisors LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% in the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock valued at $10,754,000 after acquiring an additional 29,076 shares during the period. Finally, Betterment LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the 2nd quarter. Betterment LLC now owns 18,529 shares of the company’s stock worth $461,000 after acquiring an additional 8,689 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.89 on Friday. The firm has a 50 day moving average price of $24.88 and a 200 day moving average price of $25.02. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.41 and a 52-week high of $25.63.

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.