Larson Financial Group LLC Decreases Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Larson Financial Group LLC lowered its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 849,195 shares of the company’s stock after selling 58,682 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises 1.2% of Larson Financial Group LLC’s portfolio, making the stock its 15th largest holding. Larson Financial Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $21,340,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the 3rd quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock valued at $259,322,000 after purchasing an additional 2,207,155 shares during the last quarter. Morling Financial Advisors LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter valued at $21,367,000. Raymond James Financial Services Advisors Inc. raised its stake 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 period. Harbour Investments Inc. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.8% in the 3rd quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock worth $86,424,000 after acquiring an additional 568,292 shares during the last quarter. Finally, Wagner Wealth Management LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 49.0% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock worth $43,019,000 after purchasing an additional 563,059 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.64 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.00 and a 1-year high of $25.34. The company’s 50-day moving average is $24.92 and its 200 day moving average is $24.77.

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.