Kestra Private Wealth Services LLC Makes New $19.90 Million Investment in First Trust TCW Unconstrained Plus Bond ETF $UCON

Kestra Private Wealth Services LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 838,048 shares of the company’s stock, valued at approximately $19,899,000. Kestra Private Wealth Services LLC owned 0.64% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of UCON. Chicago Partners Investment Group LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $13,489,000. MGO One Seven LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.4% in the 3rd quarter. MGO One Seven LLC now owns 21,518 shares of the company’s stock worth $511,000 after purchasing an additional 495 shares during the period. Partners Wealth Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter worth approximately $355,000. D.A. Davidson & CO. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth approximately $5,307,000. Finally, VestGen Advisors LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 8.2% in the third quarter. VestGen Advisors LLC now owns 23,444 shares of the company’s stock worth $557,000 after buying an additional 1,782 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.13 on Thursday. The firm has a 50 day moving average of $24.11 and a 200 day moving average of $24.71. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $23.56 and a 12-month high of $25.63.

About First Trust TCW Unconstrained Plus Bond ETF

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.