Cetera Advisors LLC Increases Stock Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Cetera Advisors LLC increased its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 31.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 149,504 shares of the company’s stock after buying an additional 36,010 shares during the quarter. Cetera Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $3,678,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UCON. Raymond James & Associates raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 265.6% in the 4th quarter. Raymond James & Associates now owns 337,060 shares of the company’s stock worth $8,339,000 after purchasing an additional 244,862 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 38.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 79,024 shares of the company’s stock valued at $1,955,000 after buying an additional 21,908 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth approximately $3,100,000. Stratos Wealth Partners LTD. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 81,206 shares of the company’s stock worth $2,009,000 after acquiring an additional 9,435 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.2% in the 4th quarter. Bleakley Financial Group LLC now owns 261,752 shares of the company’s stock valued at $6,476,000 after acquiring an additional 5,587 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON traded up $0.14 during midday trading on Friday, hitting $24.97. 2,062,318 shares of the company’s stock traded hands, compared to its average volume of 637,324. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.45 and a twelve month high of $24.98. The firm’s fifty day moving average price is $24.57 and its two-hundred day moving average price is $24.52.

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.