Collaborative Wealth Managment Inc. Invests $509,000 in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Collaborative Wealth Managment Inc. acquired a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 20,665 shares of the company’s stock, valued at approximately $509,000.

Other institutional investors have also made changes to their positions in the company. Huntington National Bank increased its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,466.7% in the third quarter. Huntington National Bank now owns 1,155 shares of the company’s stock worth $29,000 after purchasing an additional 1,110 shares during the period. GHP Investment Advisors Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at about $31,000. Truvestments Capital LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the third quarter valued at about $37,000. Pinnacle Bancorp Inc. bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter valued at about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 20.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock valued at $66,000 after acquiring an additional 463 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON opened at $24.85 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.09 and a 12-month high of $25.34. The stock’s 50-day moving average price is $24.72 and its 200 day moving average price is $24.82.

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.