First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) is EdgeRock Capital LLC’s 2nd Largest Position

EdgeRock Capital LLC reduced its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 874,983 shares of the company’s stock after selling 25,356 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises 14.1% of EdgeRock Capital LLC’s portfolio, making the stock its 2nd largest position. EdgeRock Capital LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $21,568,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in UCON. Huntington National Bank grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% during the 3rd quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after purchasing an additional 1,110 shares in the last quarter. GHP Investment Advisors Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth approximately $31,000. Truvestments Capital LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth $37,000. Pinnacle Bancorp Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 valued at $66,000 after acquiring an additional 463 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock opened at $24.74 on Tuesday. The firm has a fifty day moving average of $24.65 and a two-hundred day moving average of $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.09 and a 1-year high of $25.34.

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.