First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Bought by HBW Advisory Services LLC

HBW Advisory Services LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 45.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 396,584 shares of the company’s stock after buying an additional 122,995 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises 1.1% of HBW Advisory Services LLC’s investment portfolio, making the stock its 21st biggest holding. HBW Advisory Services LLC owned approximately 0.31% of First Trust TCW Unconstrained Plus Bond ETF worth $9,982,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Hazlett Burt & Watson Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock worth $48,000 after buying an additional 1,200 shares in the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth approximately $62,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after buying an additional 4,396 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 167.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 4,860 shares of the company’s stock worth $122,000 after buying an additional 3,044 shares in the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 28.1% during the 3rd quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock worth $131,000 after buying an additional 1,142 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock opened at $24.92 on Monday. The stock has a 50 day simple moving average of $25.05 and a 200-day simple moving average of $25.15. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF 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.