Etesian Wealth Advisors Inc. Buys 46,887 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Etesian Wealth Advisors Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 11.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 456,372 shares of the company’s stock after purchasing an additional 46,887 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for about 4.9% of Etesian Wealth Advisors Inc.’s holdings, making the stock its 2nd biggest position. Etesian Wealth Advisors Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $11,295,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.9% during the fourth quarter. LPL Financial LLC now owns 11,963,596 shares of the company’s stock worth $294,903,000 after acquiring an additional 1,644,378 shares in the last quarter. Bank of America Corp DE raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.2% during the 4th quarter. Bank of America Corp DE now owns 4,827,054 shares of the company’s stock worth $118,987,000 after purchasing an additional 972,637 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 28.0% during the 4th quarter. Wells Fargo & Company MN now owns 4,211,307 shares of the company’s stock valued at $103,809,000 after buying an additional 921,134 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.6% during the 4th quarter. Harbour Investments Inc. now owns 3,975,370 shares of the company’s stock valued at $97,993,000 after buying an additional 536,285 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.0% in the 4th quarter. Royal Bank of Canada now owns 3,200,433 shares of the company’s stock valued at $78,890,000 after buying an additional 182,381 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA:UCON opened at $24.87 on Friday. The stock’s 50 day moving average price is $24.68 and its 200 day moving average price is $24.70. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.34.

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.