Kestra Private Wealth Services LLC Buys 838,048 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Kestra Private Wealth Services LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 838,048 shares of the company’s stock, valued at approximately $19,899,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UCON. Gateway Wealth Partners LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 121.8% in the 1st quarter. Gateway Wealth Partners LLC now owns 690,142 shares of the company’s stock worth $17,095,000 after acquiring an additional 379,005 shares in the last quarter. Triumph Capital Management lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 25.4% during the second quarter. Triumph Capital Management now owns 241,682 shares of the company’s stock valued at $6,013,000 after purchasing an additional 48,998 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 9.4% during the second quarter. Integrated Wealth Concepts LLC now owns 982,703 shares of the company’s stock valued at $24,450,000 after purchasing an additional 84,095 shares in the last quarter. Collaborative Wealth Managment Inc. lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 150.3% during the first quarter. Collaborative Wealth Managment Inc. now owns 567,904 shares of the company’s stock valued at $14,067,000 after purchasing an additional 341,030 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.6% in the first quarter. Cetera Investment Advisers now owns 1,436,630 shares of the company’s stock worth $35,585,000 after purchasing an additional 88,522 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.5%

UCON opened at $24.13 on Thursday. The company has a 50 day simple moving average of $24.11 and a two-hundred day simple moving average of $24.71. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.56 and a 1-year 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.