Arete Wealth Advisors LLC Acquires Shares of 14,932 First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Arete Wealth Advisors LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,932 shares of the company’s stock, valued at approximately $375,000.

Several other institutional investors also recently bought and sold shares of UCON. Envestnet Portfolio Solutions Inc. lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 18.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 132,971 shares of the company’s stock valued at $3,251,000 after acquiring an additional 20,676 shares in the last quarter. Gradient Investments LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at approximately $33,000. Raymond James & Associates lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 32.5% in the second quarter. Raymond James & Associates now owns 603,367 shares of the company’s stock valued at $14,752,000 after acquiring an additional 148,152 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.1% in the second quarter. Apollon Wealth Management LLC now owns 1,256,932 shares of the company’s stock valued at $30,732,000 after acquiring an additional 115,336 shares in the last quarter. Finally, Apollon Financial LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 18.2% in the second quarter. Apollon Financial LLC now owns 79,968 shares of the company’s stock valued at $1,955,000 after acquiring an additional 12,339 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA UCON opened at $24.67 on Friday. The stock’s 50 day simple moving average is $24.80 and its 200-day simple moving average is $24.81. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.09 and a 1-year high of $25.34.

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.