372,637 Shares in First Trust TCW Unconstrained Plus Bond ETF $UCON Acquired by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 372,637 shares of the company’s stock, valued at approximately $9,379,000. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 1.9% of Mach 1 Financial Group LLC’s portfolio, making the stock its 14th largest position. Mach 1 Financial Group LLC owned about 0.29% of First Trust TCW Unconstrained Plus Bond ETF at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of UCON. Hazlett Burt & Watson Inc. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 166.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,923 shares of the company’s stock worth $48,000 after acquiring an additional 1,200 shares during the last quarter. International Assets Investment Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $57,000. Cullen Frost Bankers Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $113,000. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after acquiring an additional 4,396 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 167.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 4,860 shares of the company’s stock worth $122,000 after acquiring an additional 3,044 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA:UCON opened at $24.82 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.41 and a 12 month high of $25.63. The company’s 50-day moving average price is $24.89 and its two-hundred day moving average price is $25.09.

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.