First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) Shares Sold by Pitti Group Wealth Management LLC

Pitti Group Wealth Management LLC lessened its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 348,616 shares of the company’s stock after selling 23,827 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 9.4% of Pitti Group Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Pitti Group Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $8,625,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp increased its position in First Trust TCW Unconstrained Plus Bond ETF by 61.1% during the 4th quarter. Truist Financial Corp now owns 1,038,914 shares of the company’s stock valued at $25,703,000 after purchasing an additional 393,837 shares during the period. BKA Wealth Consulting Inc. grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 3.8% during the 4th quarter. BKA Wealth Consulting Inc. now owns 149,486 shares of the company’s stock worth $3,698,000 after buying an additional 5,512 shares during the period. Ellenbecker Investment Group grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.4% during the 4th quarter. Ellenbecker Investment Group now owns 146,806 shares of the company’s stock worth $3,631,000 after buying an additional 642 shares during the period. SlateStone Wealth LLC grew its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 0.6% during the 4th quarter. SlateStone Wealth LLC now owns 506,792 shares of the company’s stock worth $12,538,000 after buying an additional 2,848 shares during the period. Finally, National Wealth Management Group LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth approximately $261,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of UCON stock traded up $0.04 during trading hours on Friday, hitting $24.18. 295,253 shares of the company were exchanged, compared to its average volume of 637,570. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $23.45 and a fifty-two week high of $24.85. The company has a 50 day simple moving average of $24.47 and a two-hundred day simple moving average of $24.37.

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.