Kestra Private Wealth Services LLC Raises Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Kestra Private Wealth Services LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 12.3% during the first quarter, HoldingsChannel reports. The firm owned 802,977 shares of the company’s stock after buying an additional 87,767 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $19,890,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in UCON. EdgeRock Capital LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.9% during the first quarter. EdgeRock Capital LLC now owns 790,536 shares of the company’s stock worth $19,582,000 after buying an additional 108,661 shares during the period. Total Clarity Wealth Management Inc. raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 1.3% during the 1st quarter. Total Clarity Wealth Management Inc. now owns 184,617 shares of the company’s stock valued at $4,573,000 after acquiring an additional 2,397 shares during the last quarter. Defined Wealth Management LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 1.9% during the 1st quarter. Defined Wealth Management LLC now owns 106,438 shares of the company’s stock worth $2,636,000 after acquiring an additional 2,006 shares during the period. XML Financial LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 12.6% in the 1st quarter. XML Financial LLC now owns 352,834 shares of the company’s stock valued at $8,740,000 after purchasing an additional 39,601 shares during the last quarter. Finally, Tactive Advisors LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 21.7% in the 1st quarter. Tactive Advisors LLC now owns 206,438 shares of the company’s stock valued at $5,113,000 after purchasing an additional 36,822 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $24.98 on Thursday. The stock’s 50 day simple moving average is $24.90 and its 200-day simple moving average is $25.03. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.41 and a 12-month high of $25.63.

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.