Private Advisor Group LLC Cuts Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Private Advisor Group LLC reduced its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 1.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 427,125 shares of the company’s stock after selling 5,349 shares during the period. Private Advisor Group LLC owned approximately 0.46% of First Trust TCW Unconstrained Plus Bond ETF worth $10,734,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vicus Capital grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 6.2% during the third quarter. Vicus Capital now owns 315,785 shares of the company’s stock worth $7,936,000 after buying an additional 18,359 shares during the period. Cyndeo Wealth Partners LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.3% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 662,387 shares of the company’s stock valued at $16,646,000 after acquiring an additional 8,419 shares in the last quarter. Cedrus LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 16.2% during the 3rd quarter. Cedrus LLC now owns 12,089 shares of the company’s stock worth $304,000 after purchasing an additional 1,689 shares during the period. Etesian Wealth Advisors Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 29.2% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 364,887 shares of the company’s stock valued at $9,170,000 after purchasing an additional 82,571 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 17.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,351,008 shares of the company’s stock valued at $33,951,000 after purchasing an additional 202,912 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.77 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.45 and a 12 month high of $25.34. The stock’s 50-day moving average is $25.06 and its two-hundred day 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.