First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Stake Raised by Navalign LLC

Navalign LLC raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 544,746 shares of the company’s stock after buying an additional 22,611 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 3.9% of Navalign LLC’s holdings, making the stock its 8th largest holding. Navalign LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $13,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harvest Investment Services LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.9% in the 4th quarter. Harvest Investment Services LLC now owns 26,881 shares of the company’s stock valued at $663,000 after buying an additional 495 shares during the period. Principal Securities Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 2.8% in the 4th quarter. Principal Securities Inc. now owns 18,760 shares of the company’s stock worth $462,000 after purchasing an additional 515 shares in the last quarter. Q3 Asset Management grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.3% during the 4th quarter. Q3 Asset Management now owns 28,622 shares of the company’s stock worth $705,000 after purchasing an additional 652 shares during the period. National Wealth Management Group LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 8.0% during the fourth quarter. National Wealth Management Group LLC now owns 11,063 shares of the company’s stock worth $273,000 after buying an additional 824 shares in the last quarter. Finally, Mather Group LLC. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 0.3% during the fourth quarter. Mather Group LLC. now owns 283,922 shares of the company’s stock valued at $6,999,000 after buying an additional 919 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON stock opened at $24.48 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.24 and a 52-week high of $25.34. The company’s 50-day simple moving average is $24.67 and its 200-day simple moving average is $24.70.

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.