IHT Wealth Management LLC Takes Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

IHT Wealth Management LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,423 shares of the company’s stock, valued at approximately $312,000.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the third quarter. HighTower Advisors LLC now owns 2,060,519 shares of the company’s stock valued at $51,756,000 after purchasing an additional 55,446 shares during the period. Rockefeller Capital Management L.P. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 19.6% during the third quarter. Rockefeller Capital Management L.P. now owns 28,383 shares of the company’s stock valued at $713,000 after purchasing an additional 4,656 shares during the period. CreativeOne Wealth LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 64.5% during the third quarter. CreativeOne Wealth LLC now owns 26,783 shares of the company’s stock valued at $673,000 after purchasing an additional 10,499 shares during the period. Townsquare Capital LLC purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at approximately $447,000. Finally, D.A. Davidson & CO. raised its position in First Trust TCW Unconstrained Plus Bond ETF by 4.8% during the third quarter. D.A. Davidson & CO. now owns 76,450 shares of the company’s stock valued at $1,921,000 after purchasing an additional 3,500 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.1 %

UCON opened at $24.89 on Tuesday. The stock’s 50 day moving average price is $24.83 and its 200-day moving average price is $24.80. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.09 and a one year 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.