US Bancorp DE Buys 70,686 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

US Bancorp DE grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 27.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 325,503 shares of the company’s stock after acquiring an additional 70,686 shares during the period. US Bancorp DE’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $8,193,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UCON. Goldman Sachs Group Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter worth $1,139,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after buying an additional 4,396 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after purchasing an additional 757 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the second quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock worth $10,754,000 after purchasing an additional 29,076 shares during the period. Finally, Betterment LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the second quarter. Betterment LLC now owns 18,529 shares of the company’s stock worth $461,000 after purchasing an additional 8,689 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA:UCON opened at $24.91 on Monday. The firm’s fifty day moving average is $24.97 and its 200-day moving average is $25.12. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.41 and a 52 week high of $25.63.

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.