Wagner Wealth Management LLC Has $26.91 Million Stock Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Wagner Wealth Management LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 32.6% in the third quarter, HoldingsChannel.com reports. The fund owned 1,068,478 shares of the company’s stock after acquiring an additional 262,983 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up 6.2% of Wagner Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. Wagner Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $26,913,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of UCON. Maseco LLP purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth $41,000. Bank of Montreal Can purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $42,000. Evolution Wealth Management Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth $62,000. Chilton Capital Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth $82,000. Finally, Creekmur Asset Management LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 365.8% in the 2nd quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock worth $99,000 after buying an additional 3,131 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON opened at $25.17 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.38 and a fifty-two week high of $25.63. The firm has a 50-day moving average of $25.20 and a 200 day moving average of $25.08.

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.