62,275 Shares in First Trust TCW Unconstrained Plus Bond ETF $UCON Acquired by Fifth Third Bancorp

Fifth Third Bancorp purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 62,275 shares of the company’s stock, valued at approximately $1,543,000.

Other large investors have also added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth $36,000. Sound Income Strategies LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the first quarter valued at about $39,000. TD Capital Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $48,000. Ascentis Independent Advisors acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth about $55,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $57,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.2%

Shares of UCON stock opened at $24.51 on Friday. The company has a 50-day simple moving average of $24.83 and a 200 day simple moving average of $24.97. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.72 and a 52 week high of $25.63.

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.