JPMorgan Chase & Co. Raises Stock Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

JPMorgan Chase & Co. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 133.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,246,222 shares of the company’s stock after purchasing an additional 711,314 shares during the quarter. JPMorgan Chase & Co.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $31,318,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in UCON. Synovus Financial Corp raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 122.8% in the third quarter. Synovus Financial Corp now owns 38,148 shares of the company’s stock valued at $959,000 after acquiring an additional 21,024 shares in the last quarter. World Investment Advisors LLC raised its position in First Trust TCW Unconstrained Plus Bond ETF by 28.1% in the 3rd quarter. World Investment Advisors LLC now owns 10,766 shares of the company’s stock valued at $271,000 after purchasing an additional 2,362 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 13.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 14,636 shares of the company’s stock valued at $361,000 after buying an additional 1,682 shares during the period. Rehmann Capital Advisory Group grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 50.9% during the third quarter. Rehmann Capital Advisory Group now owns 922,269 shares of the company’s stock worth $23,206,000 after buying an additional 311,117 shares in the last quarter. Finally, Arete Wealth Advisors LLC purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the third quarter worth approximately $375,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.64 on Tuesday. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.09 and a 52-week high of $25.34. The company has a 50 day moving average of $24.71 and a 200 day moving average of $24.83.

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.