HBW Advisory Services LLC Boosts Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

HBW Advisory Services LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 160.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 25,616 shares of the company’s stock after buying an additional 15,789 shares during the quarter. HBW Advisory Services LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $631,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.0% during the third quarter. Sanctuary Advisors LLC now owns 14,636 shares of the company’s stock worth $361,000 after acquiring an additional 1,682 shares during the last quarter. JPMorgan Chase & Co. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 133.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after purchasing an additional 711,314 shares during the last quarter. Park National Corp OH increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 18.2% in the fourth quarter. Park National Corp OH now owns 843,002 shares of the company’s stock valued at $20,780,000 after purchasing an additional 129,836 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 548.7% in the second quarter. B. Riley Wealth Advisors Inc. now owns 88,733 shares of the company’s stock valued at $2,170,000 after buying an additional 75,054 shares during the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 24.3% during the third quarter. MML Investors Services LLC now owns 243,031 shares of the company’s stock worth $6,107,000 after buying an additional 47,586 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON stock opened at $24.52 on Friday. The stock’s 50-day moving average price is $24.71 and its 200 day moving average price is $24.82. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.09 and a 52-week 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.