Waverly Advisors LLC Increases Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Waverly Advisors LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 5,579.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 782,901 shares of the company’s stock after purchasing an additional 769,115 shares during the quarter. Waverly Advisors LLC owned approximately 0.59% of First Trust TCW Unconstrained Plus Bond ETF worth $19,479,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Titleist Asset Management LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.8% in the 4th quarter. Titleist Asset Management LLC now owns 9,701 shares of the company’s stock valued at $244,000 after purchasing an additional 620 shares during the last quarter. Cresset Asset Management LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock valued at $224,000 after purchasing an additional 757 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.0% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 6,356 shares of the company’s stock valued at $157,000 after purchasing an additional 783 shares during the period. Balefire LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.4% in the first quarter. Balefire LLC now owns 33,578 shares of the company’s stock valued at $832,000 after purchasing an additional 784 shares during the period. Finally, Hazlett Burt & Watson Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 44.2% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,773 shares of the company’s stock worth $69,000 after purchasing an additional 850 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.1%

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.52 on Wednesday. The stock has a 50-day moving average price of $24.67 and a 200 day moving average price of $24.84. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.72 and a 52 week 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.