Goldstone Financial Group LLC Increases Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Goldstone Financial Group LLC raised its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 293,626 shares of the company’s stock after purchasing an additional 3,112 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for about 1.1% of Goldstone Financial Group LLC’s holdings, making the stock its 29th biggest position. Goldstone Financial Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $7,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in UCON. Vicus Capital grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.6% during the fourth quarter. Vicus Capital now owns 324,059 shares of the company’s stock worth $7,988,000 after acquiring an additional 8,274 shares during the last quarter. Puff Wealth Management LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth approximately $2,014,000. Lakeridge Wealth Management LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 36.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 24,862 shares of the company’s stock worth $613,000 after acquiring an additional 6,650 shares during the last quarter. Principal Securities Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the fourth quarter. Principal Securities Inc. now owns 18,760 shares of the company’s stock worth $462,000 after acquiring an additional 515 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.6% during the fourth quarter. J.W. Cole Advisors Inc. now owns 32,678 shares of the company’s stock worth $806,000 after acquiring an additional 5,365 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.73 on Friday. The company’s 50 day simple moving average is $24.64 and its 200-day simple moving average is $24.70. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.34.

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.