SRS Capital Advisors Inc. Makes New Investment in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

SRS Capital Advisors Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,540 shares of the company’s stock, valued at approximately $284,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC lifted its holdings in shares of 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 worth $361,000 after buying an additional 1,682 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 27.0% in the fourth quarter. Brookstone Capital Management now owns 16,543 shares of the company’s stock worth $408,000 after buying an additional 3,517 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 133.0% in the third quarter. JPMorgan Chase & Co. now owns 1,246,222 shares of the company’s stock worth $31,318,000 after buying an additional 711,314 shares in the last quarter. Park National Corp OH lifted its holdings in shares of 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 worth $20,780,000 after buying an additional 129,836 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of 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 worth $6,107,000 after buying an additional 47,586 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON stock opened at $24.93 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $24.09 and a one year high of $25.34. The company’s fifty day moving average price is $24.67 and its 200-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.