Truist Financial Corp Has $48.86 Million Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Truist Financial Corp boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,982,316 shares of the company’s stock after acquiring an additional 169,535 shares during the quarter. Truist Financial Corp owned approximately 2.12% of First Trust TCW Unconstrained Plus Bond ETF worth $48,864,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UCON. Spectrum Wealth Advisory Group LLC raised its holdings 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 valued at $5,038,000 after purchasing an additional 80,416 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 19.6% during the fourth quarter. J.W. Cole Advisors Inc. now owns 32,678 shares of the company’s stock valued at $806,000 after buying an additional 5,365 shares in the last quarter. Principal Securities Inc. lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% in the fourth quarter. Principal Securities Inc. now owns 18,760 shares of the company’s stock worth $462,000 after buying an additional 515 shares during the last quarter. Lakeridge Wealth Management LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 36.5% in the fourth quarter. Lakeridge Wealth Management LLC now owns 24,862 shares of the company’s stock worth $613,000 after buying an additional 6,650 shares during the last quarter. Finally, Puff Wealth Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $2,014,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock opened at $24.73 on Tuesday. The stock’s 50 day simple moving average is $24.66 and its 200 day simple moving average is $24.84. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.09 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.