Independent Advisor Alliance Makes New $6.79 Million Investment in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Independent Advisor Alliance purchased a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 275,431 shares of the company’s stock, valued at approximately $6,789,000. Independent Advisor Alliance owned 0.30% of First Trust TCW Unconstrained Plus Bond ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of UCON. Concurrent Investment Advisors LLC increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 29.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 16,985 shares of the company’s stock worth $427,000 after purchasing an additional 3,831 shares during the period. Assetmark Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 91.8% in the 3rd quarter. Assetmark Inc. now owns 80,917 shares of the company’s stock worth $2,033,000 after buying an additional 38,728 shares during the last quarter. Atria Investments Inc grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 101.4% in the 3rd quarter. Atria Investments Inc now owns 48,982 shares of the company’s stock worth $1,231,000 after buying an additional 24,664 shares during the last quarter. tru Independence LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 11.1% in the 3rd quarter. tru Independence LLC now owns 67,884 shares of the company’s stock worth $1,706,000 after buying an additional 6,770 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,301,527 shares of the company’s stock worth $32,707,000 after buying an additional 44,595 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.1 %

Shares of UCON stock opened at $24.91 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.09 and a fifty-two week high of $25.34. The business’s 50 day moving average price is $24.70 and its 200-day moving average price is $24.83.

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.