Silver Oak Securities Incorporated Purchases 37,876 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Silver Oak Securities Incorporated grew its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 431.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,659 shares of the company’s stock after purchasing an additional 37,876 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $1,174,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UCON. LPL Financial LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.7% in the second quarter. LPL Financial LLC now owns 8,112,063 shares of the company’s stock valued at $198,340,000 after purchasing an additional 1,099,102 shares in the last quarter. Morling Financial Advisors LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at about $21,367,000. Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 288.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 792,747 shares of the company’s stock valued at $19,383,000 after acquiring an additional 588,549 shares during the last quarter. Wagner Wealth Management LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 49.0% in the third quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock valued at $43,019,000 after acquiring an additional 563,059 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 59.1% in the first quarter. Osaic Holdings Inc. now owns 1,475,875 shares of the company’s stock valued at $36,307,000 after acquiring an additional 548,375 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.1 %

NYSEARCA:UCON opened at $24.76 on Friday. The stock’s 50-day simple moving average is $25.06 and its 200 day simple moving average is $24.71. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.45 and a 52-week 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.