N.E.W. Advisory Services LLC Purchases 22,011 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

N.E.W. Advisory Services LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 8.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 295,443 shares of the company’s stock after acquiring an additional 22,011 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up about 0.8% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 28th largest position. N.E.W. Advisory Services LLC owned approximately 0.32% of First Trust TCW Unconstrained Plus Bond ETF worth $7,224,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Janiczek Wealth Management LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.4% in the 1st quarter. Janiczek Wealth Management LLC now owns 563,795 shares of the company’s stock worth $13,869,000 after purchasing an additional 7,771 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 72.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 23,558 shares of the company’s stock worth $583,000 after buying an additional 9,879 shares during the period. Fagan Associates Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 47.1% during the 4th quarter. Fagan Associates Inc. now owns 23,175 shares of the company’s stock valued at $573,000 after acquiring an additional 7,425 shares in the last quarter. International Assets Investment Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at $3,100,000. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.0% in the 4th quarter. Chicago Partners Investment Group LLC now owns 326,162 shares of the company’s stock valued at $8,004,000 after acquiring an additional 51,971 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $25.11 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.45 and a 1-year high of $25.13. The business has a fifty day moving average price of $24.79 and a 200 day moving average price of $24.57.

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.