Western Wealth Management LLC Increases Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Western Wealth Management LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 283,299 shares of the company’s stock after acquiring an additional 17,085 shares during the period. Western Wealth Management LLC owned about 0.47% of First Trust TCW Unconstrained Plus Bond ETF worth $7,009,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UCON. 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 worth $62,795,000 after purchasing an additional 2,373,669 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth about $17,550,000. Aptus Capital Advisors LLC purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth about $15,994,000. CGC Financial Services LLC grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1,876.8% during the fourth quarter. CGC Financial Services LLC now owns 595,086 shares of the company’s stock valued at $14,722,000 after buying an additional 564,983 shares during the last quarter. Finally, Laurel Wealth Advisors Inc. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $11,771,000.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.2 %

Shares of NYSEARCA:UCON traded down $0.04 during trading on Thursday, reaching $24.23. 467,276 shares of the stock traded hands, compared to its average volume of 654,809. The stock has a 50-day moving average of $24.52 and a two-hundred day moving average of $24.35. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.45 and a 52-week high of $24.85.

First Trust TCW Unconstrained Plus Bond ETF Company 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.