Tactive Advisors LLC Boosts Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Tactive Advisors LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 21.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 206,438 shares of the company’s stock after purchasing an additional 36,822 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 1.4% of Tactive Advisors LLC’s holdings, making the stock its 14th biggest position. Tactive Advisors LLC owned 0.16% of First Trust TCW Unconstrained Plus Bond ETF worth $5,113,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Parallel Advisors LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at approximately $36,000. TD Capital Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $48,000. International Assets Investment Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $57,000. Hazlett Burt & Watson Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 44.2% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,773 shares of the company’s stock valued at $69,000 after acquiring an additional 850 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at $102,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.91 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.41 and a 52-week high of $25.63. The firm’s fifty day moving average is $24.90 and its two-hundred day moving average is $25.03.

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.