First Trust TCW Unconstrained Plus Bond ETF $UCON Stock Purchased by Focused Alpha LLC

Focused Alpha LLC increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 22.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,781 shares of the company’s stock after purchasing an additional 47,842 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up 1.5% of Focused Alpha LLC’s holdings, making the stock its 17th biggest position. Focused Alpha LLC owned approximately 0.20% of First Trust TCW Unconstrained Plus Bond ETF worth $6,121,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UCON. Envestnet Portfolio Solutions Inc. boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 29,473 shares of the company’s stock valued at $733,000 after purchasing an additional 589 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.0% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 6,356 shares of the company’s stock valued at $157,000 after buying an additional 783 shares during the last quarter. Balefire LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.4% during the 1st quarter. Balefire LLC now owns 33,578 shares of the company’s stock valued at $832,000 after buying an additional 784 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.0% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 89,420 shares of the company’s stock valued at $2,215,000 after buying an additional 859 shares during the last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 8.6% in the 1st quarter. SteelPeak Wealth LLC now owns 12,449 shares of the company’s stock valued at $308,000 after buying an additional 988 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock opened at $23.88 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.56 and a 52-week high of $25.63. The business has a 50-day simple moving average of $24.27 and a 200-day simple moving average of $24.64.

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.