Acorn Wealth Advisors LLC Acquires New Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Acorn Wealth Advisors LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the fourth quarter, HoldingsChannel reports. The firm bought 32,092 shares of the company’s stock, valued at approximately $791,000.

Several other hedge funds have also recently bought and sold shares of UCON. Arkadios Wealth Advisors raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 12.1% during the third quarter. Arkadios Wealth Advisors now owns 15,503 shares of the company’s stock worth $390,000 after acquiring an additional 1,669 shares during the period. J.W. Cole Advisors Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 5.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 27,313 shares of the company’s stock worth $686,000 after purchasing an additional 1,445 shares in the last quarter. Lunt Capital Management Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 7.9% during the 3rd quarter. Lunt Capital Management Inc. now owns 128,347 shares of the company’s stock worth $3,225,000 after purchasing an additional 9,370 shares in the last quarter. Financial Futures Ltd Liability Co. raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 5.1% in the 3rd quarter. Financial Futures Ltd Liability Co. now owns 435,303 shares of the company’s stock valued at $10,939,000 after purchasing an additional 21,261 shares during the period. Finally, Gateway Wealth Partners LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at about $459,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.2 %

UCON stock opened at $24.74 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.09 and a fifty-two week high of $25.34. The business has a 50-day moving average of $24.65 and a 200-day moving average of $24.83.

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.