Prasad Wealth Partners LLC Acquires New Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Prasad Wealth Partners LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 425,223 shares of the company’s stock, valued at approximately $10,482,000. First Trust TCW Unconstrained Plus Bond ETF comprises about 3.4% of Prasad Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest position. Prasad Wealth Partners LLC owned about 0.46% of First Trust TCW Unconstrained Plus Bond ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of UCON. Arkadios Wealth Advisors boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 12.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 15,503 shares of the company’s stock valued at $390,000 after acquiring an additional 1,669 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 27,313 shares of the company’s stock valued at $686,000 after acquiring an additional 1,445 shares during the last quarter. Lunt Capital Management Inc. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.9% during the 3rd quarter. Lunt Capital Management Inc. now owns 128,347 shares of the company’s stock valued at $3,225,000 after acquiring an additional 9,370 shares during the last quarter. Financial Futures Ltd Liability Co. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.1% during the 3rd quarter. Financial Futures Ltd Liability Co. now owns 435,303 shares of the company’s stock valued at $10,939,000 after acquiring an additional 21,261 shares during the last quarter. Finally, Gateway Wealth Partners LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $459,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON opened at $24.74 on Tuesday. The company’s 50 day moving average is $24.65 and its 200 day moving average is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.09 and a 12-month high of $25.34.

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.