Mather Group LLC. Acquires 319,882 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Mather Group LLC. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 319,882 shares of the company’s stock, valued at approximately $7,596,000. Mather Group LLC. owned approximately 0.24% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of UCON. Triumph Capital Management increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 17.0% in the 3rd quarter. Triumph Capital Management now owns 282,822 shares of the company’s stock worth $6,716,000 after buying an additional 41,140 shares in the last quarter. Focus Financial Network Inc. raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 1.3% during the third quarter. Focus Financial Network Inc. now owns 441,552 shares of the company’s stock valued at $10,485,000 after acquiring an additional 5,705 shares during the period. Avior Wealth Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at about $1,656,000. Inspirion Wealth Advisors LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at about $204,000. Finally, First Heartland Consultants Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at about $15,347,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $23.93 on Friday. The stock’s 50-day simple moving average is $24.31 and its 200-day simple moving average is $24.65. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.56 and a 52 week high of $25.63.

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.