EdgeRock Capital LLC Makes New $20.72 Million Investment in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

EdgeRock Capital LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 839,368 shares of the company’s stock, valued at approximately $20,716,000. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 15.2% of EdgeRock Capital LLC’s investment portfolio, making the stock its 2nd biggest position. EdgeRock Capital LLC owned 1.40% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Silver Oak Securities Incorporated bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at $31,000. DHJJ Financial Advisors Ltd. lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 1,508.0% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,608 shares of the company’s stock valued at $40,000 after acquiring an additional 1,508 shares during the period. Wagner Wealth Management LLC boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 107.4% in the fourth quarter. Wagner Wealth Management LLC now owns 1,925 shares of the company’s stock worth $48,000 after purchasing an additional 997 shares during the last quarter. Cape Investment Advisory Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 3rd quarter valued at about $72,000. Finally, Good Life Advisors LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at about $202,000.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock traded up $0.03 during trading on Tuesday, reaching $24.43. The company had a trading volume of 354,683 shares, compared to its average volume of 635,715. The firm’s 50-day simple moving average is $24.45 and its 200 day simple moving average is $24.41. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.45 and a 52 week high of $24.85.

First Trust TCW Unconstrained Plus Bond ETF Company 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.