Dynamic Advisor Solutions LLC Acquires 68,954 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Dynamic Advisor Solutions LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 8.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 910,388 shares of the company’s stock after buying an additional 68,954 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 1.0% of Dynamic Advisor Solutions LLC’s investment portfolio, making the stock its 18th biggest position. Dynamic Advisor Solutions LLC owned about 0.98% of First Trust TCW Unconstrained Plus Bond ETF worth $22,441,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UCON. PCG Wealth Advisors LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth $248,000. Wealth Management Resources Inc. acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth about $211,000. Impact Partnership Wealth LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at about $403,000. Veracity Capital LLC acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at approximately $352,000. Finally, XML Financial LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.5% during the 4th quarter. XML Financial LLC now owns 316,235 shares of the company’s stock worth $7,795,000 after acquiring an additional 16,610 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA:UCON opened at $24.61 on Friday. The company’s 50 day simple moving average is $24.68 and its 200 day simple moving average is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.09 and a 1 year high of $25.34.

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.