Thurston Springer Miller Herd & Titak Inc. Increases Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Thurston Springer Miller Herd & Titak Inc. boosted its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 81.7% during the first quarter, Holdings Channel.com reports. The fund owned 4,869 shares of the company’s stock after purchasing an additional 2,189 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $121,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of UCON. LPL Financial LLC boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 15.9% in the fourth quarter. LPL Financial LLC now owns 11,963,596 shares of the company’s stock worth $294,903,000 after buying an additional 1,644,378 shares during the period. Bank of America Corp DE increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.2% in the fourth quarter. Bank of America Corp DE now owns 4,827,054 shares of the company’s stock worth $118,987,000 after buying an additional 972,637 shares during the last quarter. Wells Fargo & Company MN raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 28.0% during the fourth quarter. Wells Fargo & Company MN now owns 4,211,307 shares of the company’s stock valued at $103,809,000 after buying an additional 921,134 shares in the last quarter. Harbour Investments Inc. lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.6% during the 4th quarter. Harbour Investments Inc. now owns 3,975,370 shares of the company’s stock worth $97,993,000 after buying an additional 536,285 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.0% in the 4th quarter. Royal Bank of Canada now owns 3,200,433 shares of the company’s stock worth $78,890,000 after acquiring an additional 182,381 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON stock opened at $24.64 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.34. The stock’s 50 day simple moving average is $24.64 and its 200 day simple moving average is $24.70.

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.