93,641 Shares in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Acquired by Defined Wealth Management LLC

Defined Wealth Management LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 93,641 shares of the company’s stock, valued at approximately $2,290,000. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 1.6% of Defined Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Defined Wealth Management LLC owned 0.10% of First Trust TCW Unconstrained Plus Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gradient Investments LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth $54,000. Benjamin Edwards Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth $79,000. International Assets Investment Management LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth $101,000. Finally, Patriot Financial Group Insurance Agency LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth $240,000.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.2 %

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.11 on Friday. The company’s fifty day simple moving average is $24.79 and its 200-day simple moving average is $24.57. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.45 and a 1-year high of $25.13.

About First Trust TCW Unconstrained Plus Bond ETF

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.