Cetera Investment Advisers Trims Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Cetera Investment Advisers lessened its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 1.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 471,280 shares of the company’s stock after selling 7,819 shares during the period. Cetera Investment Advisers owned 0.78% of First Trust TCW Unconstrained Plus Bond ETF worth $11,391,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.9% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 49,886 shares of the company’s stock worth $1,206,000 after buying an additional 445 shares in the last quarter. Braun Bostich & Associates Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 0.7% in the second quarter. Braun Bostich & Associates Inc. now owns 71,912 shares of the company’s stock worth $1,738,000 after acquiring an additional 533 shares in the last quarter. CreativeOne Wealth LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 5.0% in the fourth quarter. CreativeOne Wealth LLC now owns 13,327 shares of the company’s stock valued at $321,000 after acquiring an additional 636 shares during the last quarter. Flagship Harbor Advisors LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 2.3% during the second quarter. Flagship Harbor Advisors LLC now owns 28,758 shares of the company’s stock valued at $695,000 after purchasing an additional 637 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 4.0% during the first quarter. Flagstar Advisors Inc. now owns 18,035 shares of the company’s stock valued at $437,000 after purchasing an additional 694 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.8 %

UCON opened at $24.06 on Thursday. The stock has a 50-day moving average price of $23.88 and a 200-day moving average price of $24.14. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $23.45 and a 12-month high of $24.77.

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.