WESPAC Advisors LLC Increases Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

WESPAC Advisors LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,060 shares of the company’s stock after purchasing an additional 2,153 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for 1.1% of WESPAC Advisors LLC’s investment portfolio, making the stock its 24th biggest position. WESPAC Advisors LLC owned 0.06% of First Trust TCW Unconstrained Plus Bond ETF worth $1,434,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Huntington National Bank boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% during the third quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after purchasing an additional 1,110 shares during the period. Gradient Investments LLC purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter worth $54,000. Benjamin Edwards Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.7% in the second quarter. Benjamin Edwards Inc. now owns 3,649 shares of the company’s stock valued at $89,000 after acquiring an additional 441 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter valued at about $101,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA UCON opened at $24.64 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.00 and a 1 year high of $25.34. The business’s 50-day moving average is $24.92 and its 200 day moving average is $24.77.

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.