Synergy Investment Management LLC Buys Shares of 74,475 First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Synergy Investment Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 74,475 shares of the company’s stock, valued at approximately $1,836,000. Synergy Investment Management LLC owned about 0.08% of First Trust TCW Unconstrained Plus Bond ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of UCON. Sanctuary Advisors LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 13.0% in the third quarter. Sanctuary Advisors LLC now owns 14,636 shares of the company’s stock valued at $361,000 after acquiring an additional 1,682 shares during the last quarter. Brookstone Capital Management boosted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.0% in the 4th quarter. Brookstone Capital Management now owns 16,543 shares of the company’s stock worth $408,000 after purchasing an additional 3,517 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 133.0% during the third quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after purchasing an additional 711,314 shares during the period. Park National Corp OH increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 18.2% in the fourth quarter. Park National Corp OH now owns 843,002 shares of the company’s stock valued at $20,780,000 after purchasing an additional 129,836 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 24.3% in the third quarter. MML Investors Services LLC now owns 243,031 shares of the company’s stock valued at $6,107,000 after buying an additional 47,586 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.95 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.09 and a 1 year high of $25.34. The stock’s 50-day moving average price is $24.67 and its two-hundred day moving average price is $24.83.

First Trust TCW Unconstrained Plus Bond ETF 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.