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

NewEdge Advisors LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 2,207.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 329,558 shares of the company’s stock after acquiring an additional 315,274 shares during the quarter. NewEdge Advisors LLC owned about 0.35% of First Trust TCW Unconstrained Plus Bond ETF worth $8,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.7% during the second quarter. LPL Financial LLC now owns 8,112,063 shares of the company’s stock valued at $198,340,000 after acquiring an additional 1,099,102 shares in the last quarter. Harbour Investments Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 6.6% during the 2nd 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. Envestnet Asset Management Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 4.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,172,007 shares of the company’s stock worth $53,106,000 after buying an additional 97,698 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 59.1% in the first quarter. Osaic Holdings Inc. now owns 1,475,875 shares of the company’s stock worth $36,307,000 after buying an additional 548,375 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.1% during the second quarter. Apollon Wealth Management LLC now owns 1,256,932 shares of the company’s stock valued at $30,732,000 after buying an additional 115,336 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON opened at $25.13 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.45 and a twelve month high of $25.34. The firm has a 50 day moving average of $25.00 and a 200 day moving average of $24.65.

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.