McAdam LLC Acquires 1,424 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

McAdam LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 12.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,425 shares of the company’s stock after purchasing an additional 1,424 shares during the quarter. McAdam LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in UCON. LPL Financial LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the 3rd quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock valued at $259,322,000 after purchasing an additional 2,207,155 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of 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 worth $86,424,000 after buying an additional 568,292 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the 3rd quarter. HighTower Advisors LLC now owns 2,060,519 shares of the company’s stock worth $51,756,000 after buying an additional 55,446 shares during the period. Wagner Wealth Management LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 49.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,711,853 shares of the company’s stock valued at $43,019,000 after buying an additional 563,059 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 29.1% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,519,337 shares of the company’s stock valued at $38,181,000 after acquiring an additional 342,346 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON opened at $24.70 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.09 and a 12-month high of $25.34. The business has a 50 day moving average of $24.68 and a 200-day moving average of $24.84.

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.