First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) is Wagner Wealth Management LLC’s Largest Position

Wagner Wealth Management LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 20.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,057,359 shares of the company’s stock after purchasing an additional 345,506 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 13.1% of Wagner Wealth Management LLC’s holdings, making the stock its largest holding. Wagner Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $50,714,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of UCON. Huntington National Bank lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% during the 3rd quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after buying an additional 1,110 shares in the last quarter. GHP Investment Advisors Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $31,000. Truvestments Capital LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth about $37,000. Pinnacle Bancorp Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after buying an additional 463 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.1 %

NYSEARCA:UCON opened at $24.71 on Monday. The stock has a 50 day moving average of $24.68 and a two-hundred day moving average of $24.84. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.09 and a 12 month high of $25.34.

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.