Tactive Advisors LLC Increases Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Tactive Advisors LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 72.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 216,209 shares of the company’s stock after purchasing an additional 90,594 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for about 1.2% of Tactive Advisors LLC’s holdings, making the stock its 19th largest holding. Tactive Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,134,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Park National Corp OH bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at approximately $272,000. Adelphi Trust Co boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 50.5% in the 3rd quarter. Adelphi Trust Co now owns 17,624 shares of the company’s stock valued at $418,000 after purchasing an additional 5,914 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 29,473 shares of the company’s stock valued at $733,000 after purchasing an additional 589 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,623,316 shares of the company’s stock valued at $65,268,000 after purchasing an additional 167,138 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 9.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 982,703 shares of the company’s stock worth $24,450,000 after purchasing an additional 84,095 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON traded up $0.01 during trading hours on Thursday, reaching $23.83. The company’s stock had a trading volume of 719,518 shares, compared to its average volume of 595,747. The firm has a 50-day simple moving average of $24.40 and a 200-day simple moving average of $24.69. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $23.56 and a 1 year 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.