First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) is Wagner Wealth Management LLC’s Largest Position

Wagner Wealth Management LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 20.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,057,359 shares of the company’s stock after buying an additional 345,506 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 13.1% of Wagner Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Wagner Wealth Management LLC owned about 2.20% of First Trust TCW Unconstrained Plus Bond ETF worth $50,714,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of UCON. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock worth $66,000 after purchasing an additional 463 shares during the last quarter. United Advisor Group LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.8% during the third quarter. United Advisor Group LLC now owns 64,664 shares of the company’s stock valued at $1,625,000 after buying an additional 502 shares during the last quarter. Q3 Asset Management boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.3% in the 4th quarter. Q3 Asset Management now owns 28,622 shares of the company’s stock valued at $705,000 after buying an additional 652 shares in the last quarter. Inspirion Wealth Advisors LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.4% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 24,318 shares of the company’s stock worth $598,000 after buying an additional 795 shares during the last quarter. Finally, First Pacific Financial raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.3% during the 3rd quarter. First Pacific Financial now owns 333,851 shares of the company’s stock worth $8,390,000 after acquiring an additional 835 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $24.71 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.09 and a 52 week high of $25.34. The firm has a 50 day moving average of $24.68 and a 200 day moving average of $24.84.

About First Trust TCW Unconstrained Plus Bond ETF

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.