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

WESPAC Advisors LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.9% in the third quarter, Holdings Channel reports. The institutional investor owned 57,060 shares of the company’s stock after purchasing an additional 2,153 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for approximately 1.1% of WESPAC Advisors LLC’s portfolio, making the stock its 24th biggest position. WESPAC Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $1,434,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Navalign LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.0% during the second quarter. Navalign LLC now owns 506,463 shares of the company’s stock valued at $12,383,000 after buying an additional 33,212 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.6% during the second quarter. Harbour Investments Inc. now owns 2,870,793 shares of the company’s stock valued at $70,191,000 after purchasing an additional 177,889 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 548.7% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 88,733 shares of the company’s stock worth $2,170,000 after buying an additional 75,054 shares in the last quarter. Park National Corp OH raised its position in First Trust TCW Unconstrained Plus Bond ETF by 15.4% in the 2nd quarter. Park National Corp OH now owns 690,263 shares of the company’s stock worth $16,877,000 after buying an additional 92,004 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 32.5% during the 2nd quarter. Raymond James & Associates now owns 603,367 shares of the company’s stock valued at $14,752,000 after acquiring an additional 148,152 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON opened at $24.64 on Friday. The firm has a 50 day moving average price of $24.92 and a 200-day moving average price of $24.77. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.00 and a twelve month high of $25.34.

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.