Northwest Capital Management Inc Trims Stock Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Northwest Capital Management Inc trimmed its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 12.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 49,231 shares of the company’s stock after selling 6,746 shares during the period. Northwest Capital Management Inc owned 0.05% of First Trust TCW Unconstrained Plus Bond ETF worth $1,214,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UCON. Huntington National Bank boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% in the third quarter. Huntington National Bank now owns 1,155 shares of the company’s stock worth $29,000 after acquiring an additional 1,110 shares during the last quarter. GHP Investment Advisors Inc. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at $31,000. Truvestments Capital LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at $37,000. Pinnacle Bancorp Inc. acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after acquiring an additional 463 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.68 on Monday. The stock’s 50-day moving average is $24.65 and its 200-day moving average is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.09 and a 12 month high of $25.34.

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.