IFP Advisors Inc Has $28.10 Million Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

IFP Advisors Inc increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 26.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,129,539 shares of the company’s stock after acquiring an additional 236,972 shares during the period. IFP Advisors Inc owned about 0.85% of First Trust TCW Unconstrained Plus Bond ETF worth $28,103,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 14.2% during the fourth quarter. LPL Financial LLC now owns 12,160,045 shares of the company’s stock worth $306,068,000 after purchasing an additional 1,509,510 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 44.9% in the third quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock valued at $100,689,000 after buying an additional 1,238,354 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 3,132.6% in the first quarter. Arkadios Wealth Advisors now owns 1,062,860 shares of the company’s stock valued at $26,327,000 after buying an additional 1,029,981 shares in the last quarter. Aptus Capital Advisors LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 318.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,302,870 shares of the company’s stock valued at $32,793,000 after acquiring an additional 991,683 shares during the last quarter. Finally, Waverly Advisors LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 5,579.0% in the second quarter. Waverly Advisors LLC now owns 782,901 shares of the company’s stock valued at $19,479,000 after acquiring an additional 769,115 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA UCON opened at $24.52 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.72 and a 12 month high of $25.63. The stock has a 50-day moving average price of $24.67 and a two-hundred day moving average price of $24.84.

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.