Spectrum Wealth Advisory Group LLC Sells 513,786 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Spectrum Wealth Advisory Group LLC lessened its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 82.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,945 shares of the company’s stock after selling 513,786 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises about 1.0% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 19th largest holding. Spectrum Wealth Advisory Group LLC owned about 0.09% of First Trust TCW Unconstrained Plus Bond ETF worth $2,818,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $57,000. Hazlett Burt & Watson Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 44.2% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,773 shares of the company’s stock valued at $69,000 after purchasing an additional 850 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $113,000. Northwestern Mutual Wealth Management Co. increased its holdings 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 valued at $114,000 after purchasing an additional 4,396 shares during the last quarter. Finally, Pinnacle Bancorp Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 167.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 4,860 shares of the company’s stock valued at $122,000 after purchasing an additional 3,044 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.2%

NYSEARCA UCON opened at $24.90 on Friday. The stock has a 50-day simple moving average of $24.88 and a 200 day simple moving average of $25.06. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.41 and a 12 month high of $25.63.

First Trust TCW Unconstrained Plus Bond ETF Company 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.