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

Western Wealth Management LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 283,299 shares of the company’s stock after buying an additional 17,085 shares during the period. Western Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $7,009,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of UCON. HBW Advisory Services LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth about $25,000. Silver Oak Securities Incorporated acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth about $31,000. Coppell Advisory Solutions Corp. acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth about $39,000. DHJJ Financial Advisors Ltd. increased its position in First Trust TCW Unconstrained Plus Bond ETF by 1,508.0% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,608 shares of the company’s stock worth $40,000 after purchasing an additional 1,508 shares during the last quarter. Finally, Wagner Wealth Management LLC increased its position in First Trust TCW Unconstrained Plus Bond ETF by 107.4% during the fourth quarter. Wagner Wealth Management LLC now owns 1,925 shares of the company’s stock worth $48,000 after purchasing an additional 997 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock traded down $0.04 during midday trading on Thursday, hitting $24.23. 467,276 shares of the stock were exchanged, compared to its average volume of 654,809. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $23.45 and a fifty-two week high of $24.85. The stock’s 50-day simple moving average is $24.52 and its 200 day simple moving average is $24.35.

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.