Ritholtz Wealth Management Acquires New Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Ritholtz Wealth Management bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,778 shares of the company’s stock, valued at approximately $312,000.

Other institutional investors have also added to or reduced their stakes in the company. MBE Wealth Management LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.6% during the second quarter. MBE Wealth Management LLC now owns 81,499 shares of the company’s stock worth $1,993,000 after purchasing an additional 487 shares in the last quarter. Blackhawk Capital Partners LLC. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.2% in the 1st quarter. Blackhawk Capital Partners LLC. now owns 29,148 shares of the company’s stock worth $717,000 after buying an additional 624 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.9% in the 4th quarter. NBC Securities Inc. now owns 37,996 shares of the company’s stock worth $940,000 after buying an additional 721 shares during the last quarter. Vicus Capital raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.3% during the 2nd quarter. Vicus Capital now owns 297,426 shares of the company’s stock valued at $7,272,000 after buying an additional 751 shares in the last quarter. Finally, Q3 Asset Management lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.9% during the 1st quarter. Q3 Asset Management now owns 30,506 shares of the company’s stock worth $750,000 after acquiring an additional 865 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:UCON opened at $25.11 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.45 and a 52-week high of $25.13. The firm has a fifty day moving average of $24.79 and a 200 day moving average of $24.57.

First Trust TCW Unconstrained Plus Bond ETF 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.