Raymond James & Associates Boosts Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Raymond James & Associates lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 84.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,113,916 shares of the company’s stock after acquiring an additional 510,549 shares during the quarter. Raymond James & Associates’ holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $27,993,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 41.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 112,295 shares of the company’s stock valued at $2,762,000 after purchasing an additional 33,000 shares during the period. J.W. Cole Advisors Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 73.0% during the first quarter. J.W. Cole Advisors Inc. now owns 18,300 shares of the company’s stock worth $450,000 after buying an additional 7,719 shares during the last quarter. Navalign LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 7.0% during the second quarter. Navalign LLC now owns 506,463 shares of the company’s stock worth $12,383,000 after buying an additional 33,212 shares during the last quarter. Vicus Capital boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 5.9% in the first quarter. Vicus Capital now owns 296,675 shares of the company’s stock valued at $7,298,000 after acquiring an additional 16,599 shares during the last quarter. Finally, Harbour Investments Inc. grew its position in shares of 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 acquiring an additional 177,889 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.2 %

NYSEARCA:UCON opened at $24.76 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.45 and a 12 month high of $25.34. The firm’s 50 day moving average is $25.06 and its 200 day moving average is $24.70.

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.