Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON – Get Free Report) saw unusually-high trading volume on Tuesday. 2,783,927 shares were traded during trading, an increase of 352% from the average daily volume of 615,987 shares. The stock last traded at $24.02 and had previously closed at $24.15.
First Trust TCW Unconstrained Plus Bond ETF Price Performance
The stock has a 50-day moving average price of $24.08 and a 200-day moving average price of $24.69.
Institutional Investors Weigh In On First Trust TCW Unconstrained Plus Bond ETF
A number of institutional investors have recently made changes to their positions in UCON. Harbour Investments Inc. acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter valued at $103,724,000. Royal Bank of Canada lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.4% during the 1st quarter. Royal Bank of Canada now owns 4,003,535 shares of the company’s stock worth $99,168,000 after acquiring an additional 203,447 shares during the period. Envestnet Asset Management Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 2,623,316 shares of the company’s stock worth $65,268,000 after purchasing an additional 167,138 shares during the last quarter. HighTower Advisors LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at about $59,450,000. Finally, Csenge Advisory Group grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.9% during the 3rd quarter. Csenge Advisory Group now owns 1,603,859 shares of the company’s stock valued at $38,084,000 after purchasing an additional 75,191 shares during the last quarter.
First Trust TCW Unconstrained Plus Bond ETF Company 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.
Further Reading
- Five stocks we like better than First Trust TCW Unconstrained Plus Bond ETF
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
- D-Wave Quantum Has Long-Term Potential, But Is Now the Time to Buy?
- 5 AI Heavyweights That Look Too Cheap to Ignore After the Sell-Off
- Bonds Are Paying 5% Again, and the Repricing Has Reached Every Corner of the Market
Receive News & Ratings for First Trust TCW Unconstrained Plus Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust TCW Unconstrained Plus Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
