Bellevue Asset Management LLC Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Bellevue Asset Management LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 40,929 shares of the company’s stock, valued at approximately $1,009,000. First Trust TCW Unconstrained Plus Bond ETF comprises about 0.5% of Bellevue Asset Management LLC’s holdings, making the stock its 26th biggest position.

A number of other large investors have also recently made changes to their positions in the stock. Huntington National Bank boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% in the 3rd quarter. Huntington National Bank now owns 1,155 shares of the company’s stock valued at $29,000 after buying an additional 1,110 shares in the last quarter. GHP Investment Advisors Inc. acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at approximately $31,000. Truvestments Capital LLC purchased a new position in First Trust TCW Unconstrained Plus Bond ETF in the third quarter worth $37,000. Pinnacle Bancorp Inc. acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after purchasing an additional 463 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:UCON opened at $24.88 on Thursday. The business’s 50-day moving average is $24.68 and its 200 day moving average is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.09 and a 1 year high of $25.34.

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.