First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Stake Lifted by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC grew its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 13.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 295,282 shares of the company’s stock after buying an additional 34,801 shares during the period. First Trust TCW Unconstrained Plus Bond ETF accounts for approximately 4.6% of Mach 1 Financial Group LLC’s portfolio, making the stock its 7th largest position. Mach 1 Financial Group LLC owned about 0.32% of First Trust TCW Unconstrained Plus Bond ETF worth $7,419,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UCON. Envestnet Portfolio Solutions Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 41.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 112,295 shares of the company’s stock valued at $2,762,000 after buying an additional 33,000 shares during the last quarter. US Bancorp DE boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.6% in the first quarter. US Bancorp DE now owns 162,569 shares of the company’s stock valued at $3,999,000 after acquiring an additional 19,459 shares in the last quarter. Bleakley Financial Group LLC increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.9% during the first quarter. Bleakley Financial Group LLC now owns 274,644 shares of the company’s stock worth $6,756,000 after acquiring an additional 12,892 shares during the period. Kingsview Wealth Management LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 8.5% during the first quarter. Kingsview Wealth Management LLC now owns 60,166 shares of the company’s stock worth $1,480,000 after purchasing an additional 4,724 shares in the last quarter. Finally, Private Portfolio Partners LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 7.8% during the first quarter. Private Portfolio Partners LLC now owns 46,868 shares of the company’s stock worth $1,153,000 after purchasing an additional 3,401 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.1 %

Shares of UCON opened at $24.78 on Friday. The stock’s 50 day moving average is $25.00 and its two-hundred day moving average is $24.74. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $23.78 and a twelve month high of $25.34.

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.