Pinnacle Bancorp Inc. Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Pinnacle Bancorp Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the fourth quarter, HoldingsChannel reports. The firm bought 1,816 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the third quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock valued at $259,322,000 after buying an additional 2,207,155 shares during the period. Harbour Investments Inc. lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 19.8% during the 3rd quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock valued at $86,424,000 after acquiring an additional 568,292 shares during the period. Envestnet Asset Management Inc. boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 4.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,172,007 shares of the company’s stock worth $53,106,000 after acquiring an additional 97,698 shares in the last quarter. HighTower Advisors LLC grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2.8% in the third quarter. HighTower Advisors LLC now owns 2,060,519 shares of the company’s stock worth $51,756,000 after purchasing an additional 55,446 shares during the period. Finally, Wagner Wealth Management LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 49.0% during the third quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock valued at $43,019,000 after purchasing an additional 563,059 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.2 %

UCON stock opened at $24.69 on Friday. The firm has a 50 day moving average price of $24.69 and a 200-day moving average price of $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.09 and a 52-week 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.