B. Riley Wealth Advisors Inc. Acquires 75,054 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

B. Riley Wealth Advisors Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 548.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 88,733 shares of the company’s stock after purchasing an additional 75,054 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $2,170,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 15.7% during the second quarter. LPL Financial LLC now owns 8,112,063 shares of the company’s stock valued at $198,340,000 after purchasing an additional 1,099,102 shares during the period. Morling Financial Advisors LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $21,367,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 288.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 792,747 shares of the company’s stock worth $19,383,000 after buying an additional 588,549 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 59.1% in the first quarter. Osaic Holdings Inc. now owns 1,475,875 shares of the company’s stock worth $36,307,000 after acquiring an additional 548,375 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in First Trust TCW Unconstrained Plus Bond ETF by 68.4% during the first quarter. Commonwealth Equity Services LLC now owns 1,187,238 shares of the company’s stock valued at $29,206,000 after acquiring an additional 482,281 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA:UCON opened at $25.15 on Wednesday. The stock’s 50-day simple moving average is $25.00 and its two-hundred day simple moving average is $24.65. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.45 and a 52-week high of $25.34.

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.