Harbour Investments Inc. Makes New $103.72 Million Investment in First Trust TCW Unconstrained Plus Bond ETF $UCON

Harbour Investments Inc. purchased a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the third quarter, Holdings Channel.com reports. The fund purchased 4,368,230 shares of the company’s stock, valued at approximately $103,724,000. First Trust TCW Unconstrained Plus Bond ETF comprises 1.5% of Harbour Investments Inc.’s portfolio, making the stock its 7th largest position.

Other large investors have also added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter worth $73,000. Collaborative Wealth Managment Inc. lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.3% in the 3rd quarter. Collaborative Wealth Managment Inc. now owns 624,424 shares of the company’s stock worth $14,827,000 after purchasing an additional 19,870 shares during the period. Lido Advisors LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter worth about $828,000. Csenge Advisory Group boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.9% during the 3rd quarter. Csenge Advisory Group now owns 1,603,859 shares of the company’s stock valued at $38,084,000 after purchasing an additional 75,191 shares in the last quarter. Finally, Avantax Planning Partners Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at about $1,833,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA UCON traded down $0.03 during midday trading on Friday, hitting $23.89. 650,446 shares of the company traded hands, compared to its average volume of 626,545. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $23.56 and a 12-month high of $25.63. The stock has a 50-day moving average price of $24.04 and a 200 day moving average price of $24.67.

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.