Philip James Wealth Mangement LLC Purchases 17,477 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Philip James Wealth Mangement LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 503,462 shares of the company’s stock after purchasing an additional 17,477 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for 1.6% of Philip James Wealth Mangement LLC’s portfolio, making the stock its 10th largest position. Philip James Wealth Mangement LLC owned about 0.54% of First Trust TCW Unconstrained Plus Bond ETF worth $12,652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 41.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 112,295 shares of the company’s stock valued at $2,762,000 after purchasing an additional 33,000 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.5% during the first quarter. Oppenheimer & Co. Inc. now owns 169,704 shares of the company’s stock valued at $4,175,000 after acquiring an additional 5,737 shares during the period. US Bancorp DE boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.6% in the 1st quarter. US Bancorp DE now owns 162,569 shares of the company’s stock valued at $3,999,000 after purchasing an additional 19,459 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.9% in the 1st quarter. Bleakley Financial Group LLC now owns 274,644 shares of the company’s stock worth $6,756,000 after purchasing an additional 12,892 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 8.5% during the 1st quarter. Kingsview Wealth Management LLC now owns 60,166 shares of the company’s stock worth $1,480,000 after purchasing an additional 4,724 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON traded up $0.03 on Friday, reaching $24.79. The stock had a trading volume of 22,066 shares, compared to its average volume of 667,575. The stock has a fifty day moving average price of $25.01 and a 200-day moving average price of $24.73. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.78 and a 1-year 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.