IFP Advisors Inc Grows Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

IFP Advisors Inc raised its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 4.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,216,819 shares of the company’s stock after acquiring an additional 48,391 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises 1.0% of IFP Advisors Inc’s portfolio, making the stock its 10th biggest position. IFP Advisors Inc owned about 1.30% of First Trust TCW Unconstrained Plus Bond ETF worth $29,995,000 at the end of the most recent reporting period.

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

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON stock opened at $24.68 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $24.09 and a 1-year high of $25.34. The business’s 50 day simple moving average is $24.65 and its 200 day simple moving average 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.