Axis Wealth Partners LLC Acquires New Shares in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Axis Wealth Partners LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 4th quarter, HoldingsChannel reports. The fund purchased 10,297 shares of the company’s stock, valued at approximately $254,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock worth $66,000 after purchasing an additional 463 shares during the last quarter. Principal Securities Inc. raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% in the 4th quarter. Principal Securities Inc. now owns 18,760 shares of the company’s stock worth $462,000 after acquiring an additional 515 shares in the last quarter. Q3 Asset Management grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.3% in the 4th quarter. Q3 Asset Management now owns 28,622 shares of the company’s stock worth $705,000 after buying an additional 652 shares during the period. Inspirion Wealth Advisors LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.4% during the fourth quarter. Inspirion Wealth Advisors LLC now owns 24,318 shares of the company’s stock valued at $598,000 after purchasing an additional 795 shares in the last quarter. Finally, Mather Group LLC. raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.3% during the fourth quarter. Mather Group LLC. now owns 283,922 shares of the company’s stock valued at $6,999,000 after buying an additional 919 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON opened at $24.88 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.09 and a twelve month high of $25.34. The company has a 50 day moving average of $24.70 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.