Wedbush Securities Inc. Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF $UCON

Wedbush Securities Inc. acquired a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 164,059 shares of the company’s stock, valued at approximately $3,896,000.

Several other institutional investors have also recently made changes to their positions in the business. Brookstone Capital Management purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at $643,000. Fifth Third Securities Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $1,105,000. Wagner Wealth Management Corp raised its position in First Trust TCW Unconstrained Plus Bond ETF by 8.9% during the third quarter. Wagner Wealth Management Corp now owns 162,180 shares of the company’s stock valued at $3,851,000 after acquiring an additional 13,260 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 123.1% in the third quarter. Diversify Advisory Services LLC now owns 383,022 shares of the company’s stock valued at $9,166,000 after acquiring an additional 211,332 shares during the period. Finally, Commonwealth Financial Services LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at approximately $515,000.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.1%

First Trust TCW Unconstrained Plus Bond ETF stock traded down $0.02 during mid-day trading on Friday, hitting $23.91. The company had a trading volume of 515,772 shares, compared to its average volume of 607,329. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $23.56 and a 12-month high of $25.63. The company’s fifty day moving average is $24.21 and its 200-day moving average is $24.62.

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.