Philip James Wealth Mangement LLC Acquires 1,601 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Philip James Wealth Mangement LLC raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 319,333 shares of the company’s stock after acquiring an additional 1,601 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 1.0% of Philip James Wealth Mangement LLC’s portfolio, making the stock its 20th biggest holding. Philip James Wealth Mangement LLC owned about 0.27% of First Trust TCW Unconstrained Plus Bond ETF worth $7,948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. J.W. Cole Advisors Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 61.1% during the first quarter. J.W. Cole Advisors Inc. now owns 52,650 shares of the company’s stock valued at $1,303,000 after acquiring an additional 19,972 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $1,139,000. Spire Wealth Management grew its position in First Trust TCW Unconstrained Plus Bond ETF by 77.0% during the first quarter. Spire Wealth Management now owns 5,068 shares of the company’s stock valued at $125,000 after acquiring an additional 2,204 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at approximately $697,000. Finally, Defined Wealth Management LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 3.4% during the second quarter. Defined Wealth Management LLC now owns 104,676 shares of the company’s stock valued at $2,605,000 after acquiring an additional 3,416 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $25.24 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.40. The company’s 50 day moving average price is $25.04 and its 200-day moving average price is $24.83.

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.