Wealth Management Resources Inc. Invests $211,000 in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Wealth Management Resources Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,555 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the third quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock worth $259,322,000 after acquiring an additional 2,207,155 shares during the period. JPMorgan Chase & Co. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 133.0% during the third quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after buying an additional 711,314 shares in the last quarter. Harbour Investments Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 19.8% during the third quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock valued at $86,424,000 after acquiring an additional 568,292 shares during the period. Wagner Wealth Management LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 49.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock worth $43,019,000 after acquiring an additional 563,059 shares during the period. Finally, Raymond James & Associates grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 84.6% during the 3rd quarter. Raymond James & Associates now owns 1,113,916 shares of the company’s stock worth $27,993,000 after purchasing an additional 510,549 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.61 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.09 and a one year high of $25.34. The business has a fifty day simple moving average of $24.68 and a 200 day simple moving average of $24.83.

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.