First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Stock Position Increased by Grant GrossMendelsohn LLC

Grant GrossMendelsohn LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 16.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,311 shares of the company’s stock after buying an additional 1,925 shares during the period. Grant GrossMendelsohn LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $328,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UCON. Elevated Capital Advisors LLC raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.7% during the fourth quarter. Elevated Capital Advisors LLC now owns 198,439 shares of the company’s stock worth $4,909,000 after purchasing an additional 3,371 shares during the period. First Heartland Consultants Inc. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 561.3% during the third quarter. First Heartland Consultants Inc. now owns 246,667 shares of the company’s stock worth $5,895,000 after purchasing an additional 209,367 shares during the period. Etesian Wealth Advisors Inc. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 8.7% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 239,923 shares of the company’s stock worth $5,948,000 after purchasing an additional 19,229 shares during the period. Truist Financial Corp raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.4% during the third quarter. Truist Financial Corp now owns 645,077 shares of the company’s stock worth $15,417,000 after purchasing an additional 76,229 shares during the period. Finally, Mather Group LLC. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.1% during the third quarter. Mather Group LLC. now owns 230,854 shares of the company’s stock worth $5,517,000 after purchasing an additional 11,289 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON stock traded down $0.07 on Monday, reaching $24.27. 310,468 shares of the company’s stock traded hands, compared to its average volume of 667,277. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $23.45 and a 12-month high of $24.85. The business’s 50 day moving average price is $24.54 and its two-hundred day moving average price 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.