Synergy Investment Management LLC Increases Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Synergy Investment Management LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 11.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 281,751 shares of the company’s stock after acquiring an additional 29,914 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up 2.5% of Synergy Investment Management LLC’s holdings, making the stock its 11th largest holding. Synergy Investment Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $7,092,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the first quarter valued at about $1,139,000. Northwestern Mutual Wealth Management Co. boosted its position in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after purchasing an additional 4,396 shares during the last quarter. Cresset Asset Management LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock valued at $224,000 after purchasing an additional 757 shares during the period. NewEdge Advisors LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock valued at $10,754,000 after purchasing an additional 29,076 shares during the period. Finally, Betterment LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the 2nd quarter. Betterment LLC now owns 18,529 shares of the company’s stock valued at $461,000 after purchasing an additional 8,689 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.1%

Shares of NYSEARCA:UCON opened at $24.77 on Tuesday. The firm’s 50 day moving average price is $24.90 and its 200-day moving average price is $25.09. First Trust TCW Unconstrained Plus Bond ETF has a twelve month low of $24.41 and a twelve month high of $25.63.

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.