Acorn Wealth Advisors LLC Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Acorn Wealth Advisors LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 32,092 shares of the company’s stock, valued at approximately $791,000.

Several other hedge funds have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings in 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 grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.8% during the 3rd quarter. United Advisor Group LLC now owns 64,664 shares of the company’s stock worth $1,625,000 after buying an additional 502 shares during the period. Principal Securities Inc. raised its stake 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 buying an additional 515 shares during the last quarter. Q3 Asset Management raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.3% during the fourth quarter. Q3 Asset Management now owns 28,622 shares of the company’s stock worth $705,000 after buying an additional 652 shares during the last quarter. Finally, Inspirion Wealth Advisors LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 3.4% in the fourth quarter. Inspirion Wealth Advisors LLC now owns 24,318 shares of the company’s stock valued at $598,000 after buying an additional 795 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

NYSEARCA:UCON opened at $24.74 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.09 and a 12-month high of $25.34. The stock’s fifty day simple moving average is $24.65 and its 200-day simple moving average is $24.83.

First Trust TCW Unconstrained Plus Bond ETF Company 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.