Capital CS Group LLC Buys 3,221 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Capital CS Group LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 4.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,366 shares of the company’s stock after buying an additional 3,221 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 2.4% of Capital CS Group LLC’s holdings, making the stock its 4th largest holding. Capital CS Group LLC owned approximately 0.09% of First Trust TCW Unconstrained Plus Bond ETF worth $1,994,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Gradient Investments LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth approximately $54,000. Benjamin Edwards Inc. acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter valued at $79,000. International Assets Investment Management LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at $101,000. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth $240,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON stock traded down $0.15 during trading hours on Friday, hitting $25.01. 729,864 shares of the company’s stock were exchanged, compared to its average volume of 665,097. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.45 and a 52 week high of $25.34. The stock’s 50-day moving average is $25.04 and its 200-day moving average is $24.67.

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.