Mach 1 Financial Group LLC Has $782,000 Stock Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Mach 1 Financial Group LLC cut its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 89.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 31,717 shares of the company’s stock after selling 263,565 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 1.4% of Mach 1 Financial Group LLC’s investment portfolio, making the stock its 15th largest holding. Mach 1 Financial Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $782,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 20.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,680 shares of the company’s stock worth $66,000 after acquiring an additional 463 shares during the last quarter. Principal Securities Inc. increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the 4th quarter. Principal Securities Inc. now owns 18,760 shares of the company’s stock worth $462,000 after purchasing an additional 515 shares during the period. Q3 Asset Management raised its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 2.3% during the fourth quarter. Q3 Asset Management now owns 28,622 shares of the company’s stock valued at $705,000 after buying an additional 652 shares during the last quarter. Inspirion Wealth Advisors LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.4% in the fourth quarter. Inspirion Wealth Advisors LLC now owns 24,318 shares of the company’s stock valued at $598,000 after buying an additional 795 shares during the period. Finally, National Wealth Management Group LLC grew its position in First Trust TCW Unconstrained Plus Bond ETF by 8.0% during the fourth quarter. National Wealth Management Group LLC now owns 11,063 shares of the company’s stock worth $273,000 after buying an additional 824 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.1 %

Shares of UCON stock opened at $24.62 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 has a 50 day moving average of $24.75 and a two-hundred day moving average of $24.74.

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.