Etesian Wealth Advisors Inc. Grows Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Etesian Wealth Advisors Inc. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 12.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 409,485 shares of the company’s stock after purchasing an additional 44,598 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for about 4.5% of Etesian Wealth Advisors Inc.’s portfolio, making the stock its 2nd largest holding. Etesian Wealth Advisors Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $10,094,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in UCON. Sanctuary Advisors LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter worth about $313,000. Brookstone Capital Management purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth approximately $327,000. Boyce & Associates Wealth Consulting Inc. raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.0% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 382,615 shares of the company’s stock valued at $9,615,000 after acquiring an additional 47,017 shares during the period. O Connor Financial Group LLC lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.8% in the 3rd quarter. O Connor Financial Group LLC now owns 205,180 shares of the company’s stock valued at $5,156,000 after acquiring an additional 13,021 shares in the last quarter. Finally, CWM LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 3.8% in the 3rd quarter. CWM LLC now owns 65,786 shares of the company’s stock worth $1,653,000 after purchasing an additional 2,384 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA:UCON opened at $24.75 on Thursday. The company’s fifty day moving average is $24.68 and its two-hundred day moving average is $24.84. 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.