Do you have a better way?

[Scruffy_Fly]

Sounds like your method is an excellent way to do it.

Lots of piling thread wraps behind the bead is a common way.

For additional weight - wrap lead wire on the shank and then pack in behind the bead.

Wrap a lot of dubbing on the thread and then do the overlapping thread wraps.

Some people use a two part epoxy but that requires drying time before you use them along with something to dry a bunch of hooks with cone heads on them.

So far your method sounds like one of the best to me.
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