Csenge Advisory Group Boosts Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Csenge Advisory Group grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 5.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,246,483 shares of the company’s stock after buying an additional 62,015 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for approximately 1.6% of Csenge Advisory Group’s investment portfolio, making the stock its 10th biggest holding. Csenge Advisory Group’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $30,801,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. J.W. Cole Advisors Inc. lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 61.1% during the 1st quarter. J.W. Cole Advisors Inc. now owns 52,650 shares of the company’s stock worth $1,303,000 after buying an additional 19,972 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth approximately $1,139,000. Janney Montgomery Scott LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 40.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 395,267 shares of the company’s stock worth $9,838,000 after purchasing an additional 113,666 shares during the last quarter. Defined Wealth Management LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.4% during the 2nd quarter. Defined Wealth Management LLC now owns 104,676 shares of the company’s stock worth $2,605,000 after purchasing an additional 3,416 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 45.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 27,319 shares of the company’s stock worth $680,000 after purchasing an additional 8,490 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON stock opened at $25.20 on Wednesday. The company has a 50 day moving average of $25.21 and a 200-day moving average of $24.93. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.40.

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.