BlackDiamond Wealth Management LLC Trims Stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

BlackDiamond Wealth Management LLC cut its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 10.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 108,302 shares of the company’s stock after selling 12,081 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for about 2.0% of BlackDiamond Wealth Management LLC’s holdings, making the stock its 11th largest position. BlackDiamond Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $2,663,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Silver Oak Securities Incorporated purchased a new position in First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at approximately $31,000. DHJJ Financial Advisors Ltd. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 1,508.0% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,608 shares of the company’s stock worth $40,000 after purchasing an additional 1,508 shares in the last quarter. Wagner Wealth Management LLC raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 107.4% during the 4th quarter. Wagner Wealth Management LLC now owns 1,925 shares of the company’s stock valued at $48,000 after purchasing an additional 997 shares during the period. Cape Investment Advisory Inc. purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the 3rd quarter worth approximately $72,000. Finally, Good Life Advisors LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth approximately $202,000.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.2 %

Shares of First Trust TCW Unconstrained Plus Bond ETF stock traded down $0.06 on Thursday, hitting $24.31. 457,153 shares of the company traded hands, compared to its average volume of 624,738. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.45 and a 52 week high of $24.85. The business has a 50-day simple moving average of $24.41 and a 200 day simple moving average of $24.46.

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.