Legacy Wealth Managment LLC ID Has $6.89 Million Stock Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Legacy Wealth Managment LLC ID lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 116.8% during the second quarter, Holdings Channel reports. The firm owned 276,854 shares of the company’s stock after purchasing an additional 149,128 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 3.6% of Legacy Wealth Managment LLC ID’s portfolio, making the stock its 5th largest holding. Legacy Wealth Managment LLC ID’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $6,891,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Maseco LLP purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter worth about $41,000. Bank of Montreal Can acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth about $42,000. Chilton Capital Management LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth approximately $82,000. Creekmur Asset Management LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 365.8% in the second quarter. Creekmur Asset Management LLC now owns 3,987 shares of the company’s stock worth $99,000 after acquiring an additional 3,131 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter valued at approximately $101,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON opened at $25.21 on Friday. The firm has a 50 day simple moving average of $25.23 and a 200 day simple moving average of $24.93. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.40.

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.