First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Shares Acquired by Navalign LLC

Navalign LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 493.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 196,351 shares of the company’s stock after purchasing an additional 163,237 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 1.7% of Navalign LLC’s holdings, making the stock its 14th largest position. Navalign LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $4,858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Jane Street Group LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 1,078.4% in the first quarter. Jane Street Group LLC now owns 2,593,781 shares of the company’s stock valued at $62,795,000 after buying an additional 2,373,669 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at about $17,550,000. Aptus Capital Advisors LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter valued at about $15,994,000. CGC Financial Services LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 1,876.8% during the 4th quarter. CGC Financial Services LLC now owns 595,086 shares of the company’s stock valued at $14,722,000 after purchasing an additional 564,983 shares during the period. Finally, Laurel Wealth Advisors Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter worth about $11,771,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON traded down $0.01 during mid-day trading on Thursday, reaching $24.60. 520,608 shares of the company’s stock traded hands, compared to its average volume of 682,290. The business’s 50-day moving average price is $24.58 and its 200-day moving average price is $24.32. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $23.45 and a 12 month high of $24.85.

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.