HBW Advisory Services LLC Grows Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

HBW Advisory Services LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 45.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 396,584 shares of the company’s stock after buying an additional 122,995 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for 1.1% of HBW Advisory Services LLC’s investment portfolio, making the stock its 21st biggest position. HBW Advisory Services LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $9,982,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock worth $48,000 after purchasing an additional 1,200 shares during the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth $62,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after purchasing an additional 4,396 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 167.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 4,860 shares of the company’s stock worth $122,000 after purchasing an additional 3,044 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 28.1% during the third quarter. AE Wealth Management LLC now owns 5,200 shares of the company’s stock worth $131,000 after purchasing an additional 1,142 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON stock opened at $24.92 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.38 and a 52-week high of $25.63. The stock’s fifty day simple moving average is $25.05 and its 200-day simple moving average is $25.15.

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.