D.A. Davidson & CO. Increases Stock Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

D.A. Davidson & CO. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 14.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,455 shares of the company’s stock after purchasing an additional 11,005 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $2,156,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Truist Financial Corp boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.4% during the 4th quarter. Truist Financial Corp now owns 1,982,316 shares of the company’s stock worth $48,864,000 after acquiring an additional 169,535 shares in the last quarter. Spectrum Wealth Advisory Group LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 64.9% during the 4th quarter. Spectrum Wealth Advisory Group LLC now owns 204,388 shares of the company’s stock worth $5,038,000 after acquiring an additional 80,416 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 32,678 shares of the company’s stock worth $806,000 after acquiring an additional 5,365 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the 4th quarter. Principal Securities Inc. now owns 18,760 shares of the company’s stock worth $462,000 after acquiring an additional 515 shares in the last quarter. Finally, Lakeridge Wealth Management LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 36.5% during the 4th quarter. Lakeridge Wealth Management LLC now owns 24,862 shares of the company’s stock worth $613,000 after acquiring an additional 6,650 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA:UCON opened at $24.68 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.09 and a 12 month high of $25.34. The business’s 50 day simple moving average is $24.65 and its 200-day simple moving average is $24.83.

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.