Independent Financial Group LLC Acquires Shares of 46,669 First Trust TCW Unconstrained Plus Bond ETF $UCON

Independent Financial Group LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 46,669 shares of the company’s stock, valued at approximately $1,156,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Gaddis Premier Wealth Advisors LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 3.7% in the first quarter. Gaddis Premier Wealth Advisors LLC now owns 243,498 shares of the company’s stock valued at $6,031,000 after buying an additional 8,786 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.5% during the first quarter. D.A. Davidson & CO. now owns 118,774 shares of the company’s stock worth $2,942,000 after acquiring an additional 20,215 shares during the last quarter. Blackhawk Capital Partners LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 19.1% during the first quarter. Blackhawk Capital Partners LLC now owns 85,698 shares of the company’s stock worth $2,123,000 after acquiring an additional 13,755 shares during the last quarter. Collaborative Wealth Managment Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 150.3% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 567,904 shares of the company’s stock worth $14,067,000 after acquiring an additional 341,030 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 44.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 635,772 shares of the company’s stock worth $15,748,000 after acquiring an additional 195,297 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.2%

Shares of NYSEARCA:UCON opened at $24.73 on Tuesday. The company’s 50-day moving average price is $24.85 and its 200 day moving average price is $24.99. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.41 and a fifty-two week high of $25.63.

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.