Wealth Advisory Team LLC Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF $UCON

Wealth Advisory Team LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 314,692 shares of the company’s stock, valued at approximately $7,833,000. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 7.3% of Wealth Advisory Team LLC’s holdings, making the stock its 5th largest holding. Wealth Advisory Team LLC owned approximately 0.26% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. LPL Financial LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 3.8% in the first quarter. LPL Financial LLC now owns 12,416,312 shares of the company’s stock worth $307,304,000 after buying an additional 452,716 shares during the last quarter. Royal Bank of Canada raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 19.3% in the first quarter. Royal Bank of Canada now owns 3,819,312 shares of the company’s stock worth $94,528,000 after buying an additional 618,879 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.7% in the first quarter. HighTower Advisors LLC now owns 2,242,464 shares of the company’s stock worth $55,501,000 after acquiring an additional 100,626 shares during the period. Wagner Wealth Management LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.7% in the first quarter. Wagner Wealth Management LLC now owns 2,216,317 shares of the company’s stock worth $54,854,000 after acquiring an additional 158,958 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 43.0% in the first quarter. Commonwealth Equity Services LLC now owns 2,047,805 shares of the company’s stock worth $50,683,000 after acquiring an additional 615,896 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.3%

Shares of UCON stock opened at $25.25 on Friday. The company has a 50 day moving average price of $25.09 and a 200-day moving average price of $24.85. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.40.

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.