Farther Finance Advisors LLC Acquires 91,510 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Farther Finance Advisors LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 234.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 130,559 shares of the company’s stock after purchasing an additional 91,510 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $3,218,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of UCON. LPL Financial LLC grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the third quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock worth $259,322,000 after buying an additional 2,207,155 shares in the last quarter. HighTower Advisors LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 3.9% during the 4th quarter. HighTower Advisors LLC now owns 2,141,838 shares of the company’s stock worth $52,796,000 after acquiring an additional 81,319 shares during the last quarter. Wagner Wealth Management LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.2% in the 4th quarter. Wagner Wealth Management LLC now owns 2,057,359 shares of the company’s stock worth $50,714,000 after acquiring an additional 345,506 shares in the last quarter. Truist Financial Corp raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.4% in the fourth quarter. Truist Financial Corp now owns 1,982,316 shares of the company’s stock valued at $48,864,000 after purchasing an additional 169,535 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at about $45,297,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON opened at $24.87 on Thursday. The business has a fifty day moving average price of $24.71 and a two-hundred day moving average price of $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.09 and a 1 year 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.